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March 19, 2010

Exelon threatens to close N.J. nuke plant

  • The company says it would cost $800 million to build cooling towers mandated by state environmental regulators.
    • By WAYNE PARRY
    Associated Press Writer

    ATLANTIC CITY, N.J. — Owners of the nation's oldest nuclear power plant are threatening to shut it down rather than build cooling towers mandated by New Jersey environmental regulators.

    Exelon Corp. says the $800 million it would cost to build the towers is more than the 40-year-old Oyster Creek Nuclear Generating Station is worth, and wants the state to withdraw its demand.


     
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