Word: cincinnatis
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...third blow fell when Cincinnati Gas & Electric and two partner companies announced that they were halting further nuclear construction on their long-troubled William H. Zimmer plant at Moscow, Ohio. They plan to convert the 810-MW facility, 97% finished at a cost of $1.7 billion, into a coal-burning installation. A fourth shock to the gasping industry came when a Pennsylvania public utilities commission led overextended Philadelphia Electric to halt construction for 18 months on one of its two Limerick reactors, where $3 billion has already been spent...
Utility company executives are bitter about their present plight. Says Don Beeth, director of nuclear information at Houston Lighting & Power: "The first lesson we've learned is 'Don't build nuclear plants in America.' You subject yourself to financial risk and public abuse." William Dickhoner, president of Cincinnati Gas & Electric, sounds a similar note: "It's almost a punitive deal to open a nuclear plant these days...
...Byron and Marble Hill decisions seemed to spark a chain reaction of anxiety about the costs of nuclear power. Cincinnati's city council called on Cincinnati Gas & Electric to abandon plans to complete the Zimmer nuclear plant, which has been plagued by mismanagement and safety lapses. Zimmer, budgeted at $240 million when it was proposed in 1969, has already cost some $1.4 billion and is not expected to be completed until 1986, eleven years behind schedule. Taking this into account, CG&E and the other two power companies building Zimmer announced at week's end that they will...
...blackout represents the latest cost-slashing move by former Transportation Secretary Drew Lewis, 52, who left the Reagan Cabinet last January to become chairman of Warner Amex. It currently operates 121 cable systems in addition to the six Qube outlets in Columbus, Cincinnati, Pittsburgh, Dallas, Houston and St. Louis. Under Lewis, Wirner Amex has embarked on such steps as an effort to cut existing cable service in Dallas, Pittsburgh and Milwaukee. Even so, some analysts expect Warner Amex to run up more than $100 million in losses this year, on top of an estimated 1983 deficit of as much...
Most teams reflect their coaches, but this one favors its owner. Davis is the only proprietor in the N.F.L. who does not feign piety, and he is one of just two (Cincinnati's Paul Brown is the other) whose understanding of the game is profound. A middle-age rock 'n' roller in a '50s hairdo and a black leather jacket, Davis casts a slim shadow, but it managed to cover elephantine Coach John Madden for ten years. After five seasons, including the championship year of 1980, current Head Coach Tom Flores remains a minor presence...