In a key move towards securing Virginia’s energy future, Appalachian Power has announced plans to introduce Small Modular Reactors (SMRs) to the state. The company has identified a potential location for the SMR project on its Joshua Falls property in Campbell County, Virginia. The site, which is equipped with existing electrical infrastructure, including a 765-kilovolt substation and accessible roadways for equipment transport, will serve as the starting point for the Early Site Permit Application process.
SMR technology holds significant promise for delivering clean, reliable, and continuous power. These compact reactors can be placed in locations previously unsuitable for nuclear power and scaled to meet the state’s energy demands. Each SMR has the capacity to generate up to 500 megawatts (MW) of clean energy, making it a crucial component in the company’s strategy to provide reliable power year-round.
“SMR technology is essential for ensuring reliable power for our customers. Appalachian Power and AEP are committed to collaborating with our states to develop energy solutions that align with state policies and ensure reliable service,” said Bill Fehrman, AEP’s President and CEO.
Virginia Governor Glenn Youngkin expressed strong support for the initiative, noting, “Advanced nuclear power is a core part of Virginia’s All-American, All-of-the-Above Energy Plan, which prioritizes abundant, reliable, affordable, and increasingly clean power. I am grateful that Appalachian Power is advancing Virginia’s nuclear future with this step.”
Aaron Walker, President and COO of Appalachian Power, emphasized the company’s commitment to meeting future energy demand: “We appreciate the support of the Virginia General Assembly and Governor Youngkin, whose forward-thinking policies have made this announcement possible.”
The company plans to file an application with the Virginia State Corporation Commission in spring 2025 and will seek a share of the U.S. Department of Energy’s $900 million grant program to expedite SMR deployment and reduce costs for customers.