CPS Not Abandoning STP Nuke Expansion Project Yet

摘要

The chief executive of CPS Energy, the municipal utility owned by San Antonio, Texas, said his company will hold tight on its current investment in the planned two-reactor expansion of the South Texas Project (STP) nuclear plant despite its fading prospects. Last week, NRG Energy Chief Executive David Crane said the New Jersey-based utility would be mothballing the project and taking a $481 million pretax charge against first-quarter earnings (NGW Apr.25,p10).