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Costly replacement parts to keep decrepit Oyster Creek nuclear reactor going

Oyster Creek nuclear power plant faces transformer replacement POWER-GEN WorldWide, Dec 10, 2010 Exelon’s 619 MW Oyster Creek nuclear power plant will have to replace a brand-new $16 million transformer that did not work properly. The faulty transformer was installed along with another new one on Dec. 3. The new equipment and the cost of installing it totaled $33 million.Exelon said December 8 it will retire Oyster Creek in 2019, 10 years before its license is set to expire.
“It (the faulty transformer) is an example of the large cost of capital expenses, but this wasn’t part of that decision,” said plant spokesman David Benson. “We had expected both of these transformers to work.”.. Oyster Creek nuclear power plant faces transformer replacement – POWER-GEN WorldWide

December 11, 2010 - Posted by | business and costs, USA

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