Subscribe | Contact Us | Seattle Post-Intelligencer
Jump to:  Weather | Traffic | Mariners | Seahawks | NW Gardens | Elections


Monday, October 7, 2002 Last updated 5:55 p.m. PT

Repair Costs Jump at Ohio Nuke Site


AKRON, Ohio -- FirstEnergy Corp. said Monday it will spend $115 million more than projected in restoring its Davis-Besse nuclear power plant, which won't be operational until next year.

Akron-based FirstEnergy is installing a new reactor cap and buying replacement power until the plant is restarted. The plant, about 20 miles east of Toledo, has been shut down since Feb. 16.

Nuclear Regulatory Commission inspectors found violations of 10 federal regulations at Davis-Besse, where acid nearly ate through a 6-inch-thick steel reactor cap.

The leak discovered in March was the most extensive corrosion ever found on a U.S. nuclear reactor and led to a nationwide review of all 69 similar plants. A second, smaller hole was found later at Davis-Besse.

FirstEnergy said reactor head replacement costs were unchanged at $55 million to $75 million.

But other costs of restoring the plant to service, initially estimated at $50 million to $70 million, have increased because of additional work. The restoration costs are now expected to increase by about $65 million this year and $50 million in 2003, FirstEnergy said.

FirstEnergy shares fell 40 cents Monday to close at $29.21 on the New York Stock Exchange.


On The Net:

Back to top


German Unemployment Rate Dips
(5:01 a.m. PT)

Japan Chief: No Decision on Spending
(4:59 a.m. PT)

EchoStar, Hughes Seek Merger Delay
(4:49 a.m. PT)

Credit Suisse 1st Boston to Cut Jobs
(4:33 a.m. PT)

Tokyo Stocks Close Higher
(4:30 a.m. PT)

London Share Prices Up at Midday
(4:29 a.m. PT)

Most Asian Markets Close Higher
(4:28 a.m. PT)

TiVo Raises $25M in Stock Offering
(4:26 a.m. PT)

Bush to Intervene in Port Shutdown
(4:00 a.m. PT)

FDA Cracks Down on Ephedra Product
(October 7)

Ex-WorldCom Executive Pleads Guilty
(October 7)

Hog Farmers Mull Tyson Buyout Offer
(October 7)

Japan Upgrades Economic Assessment
(October 7)

Aquila Sells Pipeline Interests
(October 7)

SEC Probes Schering-Plough Reports
(October 7)

*More headlines

Home | Site Map | About the P-I | Contact Us | P-I Jobs | Home Delivery
Seattle Post-Intelligencer
101 Elliott Ave. W.
Seattle, WA 98119
(206) 448-8000

Home Delivery: (206) 464-2121 or (800) 542-0820

Send comments to
1999-2002 Seattle Post-Intelligencer
Terms of Service/Privacy Policy