Results for: Dominion Energy

In a recent episode of CNBC’s ‘Mad Money Lightning Round,’ Jim Cramer shared his insights on several stocks. He recommended Dominion Energy as a buy due to the need for cheap power. He also expressed his approval of Dutch Bros’ slowed expansion. Regarding Super Micro Computer, Cramer stated he needed to see the company’s financials before offering an opinion. He did not recommend LyondellBasell Industries. This summary highlights the key takeaways from Cramer’s stock picks, providing context and recent news on each company.

The Nuclear Regulatory Commission (NRC) has granted Dominion Energy Virginia permission to extend the operating licenses of its North Anna Power Station for an additional 20 years, ensuring reliable, carbon-free energy for decades to come. This decision reinforces the role of nuclear power in Virginia’s energy portfolio and contributes to the state’s clean energy goals.

The Nuclear Regulatory Commission has extended the operating license of North Anna Power Station in Virginia by 20 years, ensuring reliable and carbon-free electricity for the state for decades to come. The extension will keep the two nuclear reactors operating until 2058 and 2060, respectively, generating enough energy to power 500,000 homes.

Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project has successfully installed the 50th monopile foundation, keeping the project on schedule. The project is on track to complete construction in late 2026 and will be the largest offshore wind project in the US, generating enough clean energy to power 660,000 homes. The project is also creating significant economic benefits for the Hampton Roads region.