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...plant, which was nearly completed and had cost $3.7 billion. Reason: the NRC said it had "no confidence" in the quality-control procedures for some of the construction. Three days later, Public Service Co. of Indiana announced that it was canceling all further work on its 2,260-megawatt (MW) Marble Hill plant, half completed at a cost of some $2.5 billion. The loss has put a severe strain on the company's finances. The utility said last week that it would eliminate 100 jobs over the next month. In addition, 573 of the utility's remaining 4,000 workers...
...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...
...wide variety of foreign projects in India. The Gandhi government recently obtained $680 million in loans on the Eurocurrency market to build an alumina plant southwest of Calcutta. France's Aluminium Pechiney will be constructing the factory. New Delhi also plans to build eight 1,000-MW electric-generating stations at a cost of nearly $1 billion each. The first of these will be built by a British consortium headed by Northern Engineering Industries of London...
Residents of Ontario, N.Y., are used to seeing steam spouting from the stacks of the Robert E. Ginna nuclear-power plant. So they were not excited last week when the 470-MW plant, which serves 320,000 customers in communities near Lake Ontario, once again began sending white plumes into the frigid air. But their calm turned to alarm when cars from local law-enforcement agencies arrived to block the plant's gates, and word spread that county officials were dusting off plans to evacuate surrounding residential areas. After twelve years of accident-free operation, the Ginna plant...
...finances but its technology; the 375-megawatt plant to be built is a breeder reactor, which creates more atomic fuel than it burns. The physics behind this alchemy is not new. A few light bulbs were powered by the first tiny breeder 30 years ago, and a 200-MW breeder plant was fired up-and failed-near Detroit in 1966. Conventional nuclear reactors also create fuel, but about 35% less than they consume, rather than, like breeders, about 20% more. Says A. David Rossin of the American Nuclear Society: "Breeder reactors will be needed. To abandon Clinch River now would...