Word: shippingport
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Dates: during 1950-1959
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...gives one that satisfying feeling to read what Admiral Rickover said to Frol Kozlov at Shippingport [July 20]. I'm in favor of sending Ricky to sit in at conference with the Russkies. A hot wire like the admiral could put some spark into the doings...
...rough moments of boos pickets and catcalls, but not until he got to the atomic showplace of Shippingport, Pa. (pop. 400), where since 1957 a nuclear power plant has produced electricity, did Kozlov look as though he had grabbed hold of a hot wire. The hot wire: none other than Vice Admiral Hyman Rickover, the deadpan boss of the Atomic Energy Commission's Naval Reactors Branch...
...large nuclear power plant completed to date, the 60,000-kw. station built by Westinghouse Electric Corp. for AEC and the Duquesne Light Co. of Shippingport, Pa. (TIME, Nov. 25), is a major milestone for the U.S. -and a perfect example of the cost problem. Westinghouse's original cost estimate was $37.8 million. The plant will ultimately cost about $100 million. The Government paid 95% of the bill to get it operating; the power produced is so expensive that AEC also pays a heavy subsidy to make it marketable...
...double those in the U.S. (7½ mills per kw-h), needs nuclear power right now; so do many other nations. Britain is going ahead under a nationalized program to build the actual power plants. It has been operating its Calder Hall plant, half again as big as Shippingport, for more than a year, is building three more with better than 200,000 kw. and a fourth with 500,000 kw., v. only 180,000 kw. for the biggest U.S. plant...
...partner will put up $750,000 at first, and North American will ship reactors to West Germany, where Demag will assemble and sell them. Westinghouse will license Germany's Siemens, No. 2 electrical manufacturer in Europe, to build and sell reactors similar to one now generating power at Shippingport, Pa. Westinghouse has signed same deal with Belgian, Italian firms...