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...Finnish project was supposed to showcase Areva's third-generation earthquake- and missile-proof design, known as a European Pressurized Reactor (EPR). Areva beat out Westinghouse and General Electric-Hitachi in 2003 to win a contract with Finland's main utility Teollisuuden Voima Oyj (TVO) to build the plant. GE-Hitachi, Mitsubishi and Westinghouse all sell their own third-generation reactors, which are more efficient and safer than previous designs. But Areva's EPR boasts innovations that led the U.S.-based Union of Concerned Scientists to call its design the only one with "the potential to be significantly safer...
...client seeking the latter relayed that his steel plant told him they could take him back from furlough “when we get $4 gas again”: They make pipes for offshore wells...
...mortgages that encouraged the buyer to pay only interest and not build equity in the house, or that would reset in 2 years and double their payments. These days, the typical homeowner facing foreclosure seems more likely to have simply lost a job—in a steel plant or a bank or as an auto-mechanic—and fallen behind on payments...
...range is 100 miles (160 km) on a full charge. A 30-minute quick charge reaches 80% capacity. And with its lithium-ion battery placed under the vehicle floor, the Leaf has room for five people. While the Leaf will be built first at Nissan's Oppama plant in Kanazawa prefecture, production is also planned at the company's Smyrna, Tenn., plant. Nissan will use part of the $1.6 billion in loans it received from the U.S. government's stimulus package to fit the plant with EV assembly lines...
...Nissan plans to build 50,000 EVs at its Oppama plant in its first full year of production. The company anticipates sales of 200,000 in 2012, when the car will be sold globally. Richter says 200,000 is a conservative goal. But Yoshida argues that it's far from certain drivers will switch. "There's still a big question mark [regarding sales] because of consumer perception caused by the limitation of driving range...