Wednesday, August 27, 2008

Shutdown of reactor threatened

The owners of the Oyster Creek nuclear power station, now in the middle of a contentious relicensing battle, may close the plant if the government requires the installation of cooling towers, a company document shows.

Exelon Corp., Oyster Creek's owner, said the cost of cooling towers could "negatively impact" a decision to keep the oldest commercial nuclear plant running. The statement came last month in an Exelon filing with the U.S. Securities and Exchange Commission.

Asbury Parks Press

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