ML20028B845

Provides Revised Schedule for Completion of Facilities. Fuel Load Scheduled for Sept 1984 for Unit 1 & Dec 1984 for Unit 2.Commercial Operation Should Begin in Dec 1986 for Unit 1 & Mar 1987 for Unit 2.Press Release Encl

ML20028B845
Person / Time
Site:	Seabrook
Issue date:	12/02/1982
From:	Devincentis J PUBLIC SERVICE CO. OF NEW HAMPSHIRE, YANKEE ATOMIC ELECTRIC CO.
To:	Knighton G Office of Nuclear Reactor Regulation
References
SBN-396, NUDOCS 8212070100
Download: ML20028B845 (5)

Text

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IPUBLIC Companycf NewHWSERVICE _

1671 Worcester Road Framinoham. Massachusetts 01701 (617) - 872 8100 December 2, 1982 SBN-396 T.F. B7.1.2 United States Nuclear Regulatory Commission Washington, D. C. 20555 Attention: Mr. George W. Knighton, Chief Licensing Branch No. 3 Division of Licensing

References:

(a) Construction Permits CPPR-135 and CPPR-136, Docket Nos . 50-44 3 and 50-444

Subject:

Revised Construction Completion Dates

Dear Sir:

On Tuesday, November 30, 1982, Public Sertice Company of New Hampshire announced a revised schedule for the completion of Seabrook Station Unit 1 and Unit 2 as follows:

Scheduled Completion Dates Urj : 1 Unit 2 Puel Load September 1984 December 1986 Commercial Operation December 1984 March 1987 I have enclosed a copy of the press release for your information.

Very truly yours, l YANKEE ATOMIC ELECTRIC COMPANY Hu J. DeVincentis Project Manager ALL/fsf 1' cc: Atomic Safety and Licensing Board Service List 8212070100 821202 PDR ADOCK 05000443 A PDR

ASLB SERVICE LIST Philip Ahrens, Esquire Assistant Attorney General Department of the Attorney Cencral Augusta, ME 04333 Representative Beverly Holli.ngworth Coastal Chamber of Commerce 209 Winnacunnet Road 1 Hampton, NH 03842 William S. Jordan, III, Esquire Harmon & Weiss 1725 I Street, N.W.

Suite 506 Washington, DC 20006 E. Tupper Kinder, Esquire Assistant Attorney General Office of the Attorney General 208 State House Annex Concord, NH 03301 Robert A. Backus, Esquire 116 Lowell Street P.O. Box 516 Manchester, NH 03105 Edward J. McDermott, Esquire Sanders and McDermott ,

Professional Association 408 Lafayette Road l Hampton, NH 03842 Jo Ann Shotwell, Esquire Assistant Attorney General Environmental Protection dureau Department of the Attorney General One Ashburton Place, 19th Floor Boston, MA 02108

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Ljl PUBLIC SERVICE Company of New Hampshire Norman R. Cu11erot Seabrook Station (603) 474-9521, Ext. 2719 Release: 82-116 November 30, 1982 For Release After 1:30 p.m., November 30 PSNH Revises Seabrook Station's Cost and Completion Estimates The Seabrook Station nuclear power plant's two units will be completed in December, 1984, and March, 1987, and will cost a total of $5.12 billion, according to the latest estimate announced today by Public Service of New Hampshire.

The two units were previously estimated to be completed in February, 1984 and May, 1986, at a cost of $3.56 billion. Those estimates were made in April, 1981.

l l At a news conference held at the Seabrook construction site, PSNH President Robert J. Harrison announced thct the company will be I taking steps in response to the new estimates. "We will j immediately arrange to have these estimates reviewed by an 1

independent organization," he said. "We want to be sure these estimates are completely realistic and substantiated.

l l (MORE) 1000 Em St, P O Box 330 Manchester . NH 03105 Te'ephone 603/0694000

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' ar, LEAS'E: #82-116 "We have also instructed the project engineer, United Engineers and Constructors to develop an ongoing estimate with monthly updates so we can keep closer watch on Seabrook's estimated cost i

and schedule," Harrison said. PSNH and the other owners will be considering these and other possible steps during the next several weeks, he said.

Harrison attributed the higher cost estimate to such items as increased quantities of materials and labor ($122 million),

increased design and engineering compicxities ($459 million),

l increased quality assurance requirements ($53 million), added costs due to deferral of some work on the units in 1980 and 1981

($324 million), additional financing costs ($490 million), and specific corrections to the 1981 estimate plus other changes

($111 million). The schedule delay reflects slower-than-planned progress due to added labor requirements primarily to meet engineering changes.

According to Harrison, even at the new estimates, Seabrook 1

j Station remains an economical energy project. "By no means do we l

l pretend to minimize the sharp changes in these estimates," he l said, "but completing Seabrook Station, even at the new higher cost, will result in lower overall costs for consumers than will I

cancelling one or both units, remaining dependent on imported oil l or starting construction on a new power plant," he said.

(MORE)

I 48LEASEhR82-116 .

At the new estimate, Seabrook's two 1,150-megawatt units will have a cost of $2,227 per kilowatt. Millstone III, a nuclear plant under construction in Connecticut, is currently estimated to cost $3,078 per kilowatt. New coal-fired plants are now estimated to cost in excess of $3,000 per kilowatt.

"Today it is an unfortunate reality that all new energy projects are costly," liarrison said. "Since $2.3 billion has already been spent on Seabrook, completing the project will be far less costly than other alternatives. No other new base load energy projects will be able to deliver the same power at a lower price when Scabrook begins operating," he said.

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