Companies say it’s a better way to dispose of the Cold War-era material — and fix a shortage of nuclear fuel. But the plan has also faced criticism from nonproliferation experts.
NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power from utilities.
NextEra Energy’s acquisition of Dominion Energy would consolidate utility operations along much of the East Coast, which could shape electricity service for tens of millions of customers.