Nuclear participants, fearing imprudence charges by PUC's, begin to speak out
Public opposition to nuclear power has led some electric companies, of which New England Power (NEP) is the latest, to end their participation in nuclear plant construction. The withdrawal trend is a result of utilities trying to insulate themselves from plant cancellations and increasing nuclear plant costs and an effort to reposition their negotiating strength with respect to power supply contracts. NEP's public announcement cites customer interests and reduced demand to justify the withdrawal from Seabrook unit-2. As the first to publicly explain its action, NEP hopes to avoid the legal and financial problems experienced by Massachusetts utilities involved with the Pilgrim-2 construction. (DCK)
- OSTI ID:
- 5933704
- Journal Information:
- Electr. Light Power; (United States), Journal Name: Electr. Light Power; (United States) Vol. 61:5; ISSN ELLPA
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
210801* -- Nuclear Power Plants-- Economics-- Construction & Operation-- (-1987)
29 ENERGY PLANNING, POLICY, AND ECONOMY
290600 -- Energy Planning & Policy-- Nuclear Energy
CONSTRUCTION
ELECTRIC UTILITIES
ENRICHED URANIUM REACTORS
FINANCING
NUCLEAR FACILITIES
NUCLEAR POWER PLANTS
PILGRIM-2 REACTOR
POWER PLANTS
POWER REACTORS
PUBLIC RELATIONS
PUBLIC UTILITIES
PWR TYPE REACTORS
REACTORS
SEABROOK-2 REACTOR
THERMAL POWER PLANTS
THERMAL REACTORS
WATER COOLED REACTORS
WATER MODERATED REACTORS