Clouded future clouds nuclear industry outlook
The piece reports that five Ohio and Pennsylvania utilities scrapped plans for four new reactors due to licensing uncertainties, costing nearly 250 million in sunk investments. New York state blocked two nuclear projects, with a prior cancellation in New York nine months earlier. Industry figures warn of a dying industry amid rising costs and regulatory delays affecting reactor orders and profitability.
MENTIONED IN THIS ARTICLE
Washington
Three Mile Island
Ohio
Pennsylvania
New York
Wall Street
Bache Halsey
United States
Rockefeller Foundation
U.S
Congress
Carter
Charles Duncan
Gene Pokorny
Cambridge Reports, Inc
William McCollum Jr
Edison Electric Institute
New York Society of Securities
McCollum
John F. O'Leary
Energy Department
O’leary
Ebasco Services Inc
Dow Chemical Co
Dow
Charles Luce
Consolidated Edison Co
Battle still rages over Three Mile Island closure
In Harrisburg and Washington anti nuclear groups vow to block Met Ed efforts to restart Unit 2 at Three Mile Island. Regulators delay approval for Unit 1 restart as Unit 2 enters a four year rehabilitation with cleanup hurdles and court battles continuing.
MENTIONED IN THIS ARTICLE
Three Mile Island
Scott MacLeod
Harrisburg, Pa
UPI
Fred Brillhart
Jupiter Gypsies
Jane Fonda
Brillhart
Metropolitan Edison Co
United States
Robert C. Arnold
Met-Ed
Met- Ed
Pennsylvania
Steve Brooks
Coalition
Brooks
Washington
Harrisburg
Nuclear Regulatory Commission
Shippingport
Pennsylvania Public Utility Commission
Susquehanna
Epicor II
NRC
Met Ed
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