Word: plants
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Like a giant vessel left ashore by the tide, the Seabrook nuclear power plant sits forlornly on the marshy New Hampshire coastline. The reactor has produced not a single kilowatt of electricity -- nor a penny of income -- since ground was broken for the project in 1976. Result: Seabrook is generating a financial disaster for its principal owner, Public Service of New Hampshire, an otherwise healthy electric utility that has poured $2.1 billion into the plant. Strapped for cash, Public Service last week did something that utilities virtually never do: it defaulted. The company deliberately missed a $37.5 million semiannual interest...
CONCORD, N.H.--Evacuating the popular seacoast area during an accident at the Seabrook nuclear power plant would result in near chaos, officials from coastal communities told federal regulators yesterday...
...Ford reached in September. That contract gave Ford workers a 3% wage hike in the first year, along with 3% lump-sum payments in both the second and third years. Far more important to the U.A.W. was the issue of job security. The Ford deal imposed a moratorium on plant closings and barred layoffs for any reason other than a severe sales slump. From GM, the U.A.W. apparently received similar assurances about future employment levels, but in an important concession, the union will allow GM to proceed with already announced plans to close 16 plants, idling 36,000 employees...
Current NRC rules virtually preclude licensing a nuclear plant unless state and local officials cooperate in emergency planning for residents within a 10-mile radius. The proposed change would allow the commission to approve evacuation plans drawn up solely by the utilities, if local officials balk...
...week ago, NRC Chairman Lando Zech stressed that even if the rules change is adopted, "the commission must still find with reasonable assurance that the public health and safety can be protected before issuing a full-power license for a nuclear power plant. The preferred course of action most certainly is to have state and local participation in emergency planning...