ML20083M994
| ML20083M994 | |
| Person / Time | |
|---|---|
| Site: | Limerick  |
| Issue date: | 01/28/1983 |
| From: | Conner T CONNER & WETTERHAHN, PECO ENERGY CO., (FORMERLY PHILADELPHIA ELECTRIC |
| To: | Brenner L, Cole R, Morris P Atomic Safety and Licensing Board Panel |
| References | |
| NUDOCS 8302010524 | |
| Download: ML20083M994 (3) | |
Text
-
s-L bO,h.N. br LAW OFFICES c
GONNER Sc WETTERHAHN. P.G.
TROY B. C ONN ER. JR.
s WASHINGTON D. C. 2 0006 M A RE J. WETTE RH AHN ROBERT M. RADER January 2 8,.19 8 3
...-r 'nW' I '
--- 8 ARCH A.
MGORE.JR.*
J**' '" i-
=OsERT n. m c
- N ief AD MITTE D IN D.C.
' ~ {h ja OfCOUWSEL 1 #
e CABLE ADDREES: ATO M LAW Judge Lawrence Brenner Judge Peter A. Morris Atomic Safety and Licensing Atomic Safety and Licensing Board Board U.S. Nuclear Regulatory U.S. Nuclear Regulatory Commission Coinmission Washington, D.C.
20555 Washington, D.C.
20555 Judge Richard F. Cole Atomic Safety and Licensing Board U.S.
Nuclear Regulatory Commission Washington, D.C.
20555 In the Matter of Philadelphia Electric Company (Limerick Generating Station, Units 1 and 2)
Docket Nos. 50-352 and 50-353 Gentlemen:
In accordance with the Board's request to be notified as to the decision of th9 Philadelphia Electric Company concerning construction y1ans for Unit 2, I have enclosed the attached press release.
In essence, it states that the Applicant will continue bngineering and construction work on Unit! 2 to preserve the option of completing the unit in late 1988.
Sincerely, h.
Troy Conner, Jr.
Counsel for the Applicant TBC:mwm Attachment cc:
Service List w/ attachment l
r'302010524 830128 PDR ADOCK 05000352 E)SO 3-O PDR
,f p PHILADELPHIA ELECTK1C CU.MFA.T 1 y'h I.
MS l P.m ne PUBLIC INFOR.W.4 TION DIVISION Cl * ' n ' '
N I
cvG*
Q d..S(r 2 Mi '-! \\ k K E 1 $ r7.L11. Plii L A M L.* h. d PA. !!!' !
h l
\\
g FO R R E L E.f 5 h g3 $131 N0 :24 g
!=nediat e ly
~" ursday, Jar.ua ry 2 7, 1953 g
-,,i m
Con:ac:I.: Ren iiirpNr,' Ni-l.122 h
IN HP R ANNOUNCES LIMERICK CONSTRUCTIM FLANS C3 M
P.
Philadelphia Electric Company announced today tha: i: has ce=pleted its g
reevaluation of the Limerick nuclear project and has decided te continue Eg engineeri::g and construction work on Limerick unit 2 :o preserve the option of g
w
-d ce=olering that unit in late 1968, the earliest feasible c:=pletion da:e. The schedule for unic 1 har been delayed a year because of uncertainties h
f surrounding construction of the unit. Unit 1 at Limerick is thesd of schedule' h
and is expected to be in service in early 1985.
p q
Joseph F. Paquette, Jr., PE Vice President, Finance and Accounting, said, "Our engineering and economic analyses continue to descastrate : hat this is 1
the most ecenemic completien schedule and the least cos: alterna t ive.
M "Curren: esticates indicate that the ce=pleted cos: ef :hs project on a I"
1985-196S schedule for the two unit: vill be approxica:ely 15.3 hillion. Our k
last forecast, prepared in 1980 and based en 1985-1987 service dates had,been
{
u S4.2 billien." he said, 9
hquette attributed the increase to added cos:s of Neelear F.egulatory D
Cow.insion requirements for safety including addi:icnal design and construe ion verk for ear:hquake and fire pro:e::ien, higber cot:s due to :he J
one year delay in unit 2 ce=pletion, higher cos:s of capital, and increased technical personnel training costs for star up procedures.
w W
W See revme ddef r bancPE data.
IiL u
ArD cKr. : E Announces Li=erick Construction Plans s'
9l I
"In spite of the higher :ss:s, one studies show that cenpleties of the Li:= rick project on the new schedule results in the lowest custemer bills in the future and vill provice needed genera:ing capacity well into the 1990's
Paque ta, said.
4
" construction expenditures for 1983 are prese:tly budgeted at S996 4
nillica," Pseuette said, "in: 1uding $663 =illien fot :he Limerick project. For the three years 1984-1986, a total of $1.6..billien vill be spent en c ons t ruc t. ion. "
Since May of 1982 when the PUC indicated by a ferzal w :fon its intent to order E te suspend or cancel censtruction of unit 2, financial and construction efforts have been concentrated en cempletica of uni:
l' The FUC 1
order was issued in Auguer and was reversed by Pennsylvania Commonwe:
Ith Courc in Dece:her. The Cc: mission and the Office of Censumer Advocate have app ealed that ruling to the State Suprew Court.
There are 4300 people working at the ' ineri:k construction site nov, and m
total investunt in the plan: as of December 31,1982, is $2.5!. billien.
p.
j f
4 9
9 l
!'r 1
e i
-