APS refines plans for Palo Verde steam generators.PHOENIX--(BUSINESS WIRE)--Aug. 8, 1995--Arizona Public Service officials said today that their ongoing analyses indicate that it will be economically desirable to the company to replace the steam generators in Unit 2 of the Palo Verde Nuclear Generating Station The Palo Verde Nuclear Generating Station, a nuclear power plant located in Wintersburg, Arizona, about 45 miles (80 km) west of central Phoenix, is currently the largest nuclear generation facility in the United States, producing over 30,000 gigawatt hours of electricity annually in five to ten years and that future benefits from replacement will more than offset replacement costs. Including installation and replacement power costs, APS estimates its share of the cost of generator replacement at $30 million to $50 million, the bulk of which will be incurred after the year 2000. The company believes that the steam generators in Units 1 and 3 of the three-unit Palo Verde plant should operate for their designed life, although the company will continue its normal periodic assessments. "Results from our most recent analyses indicate that replacement is now our preferred option for Unit 2, and can be accomplished within financial parameters established before replacement was a consideration," said Bill Stewart There have been different notable people named Bill Stewart:
Recent inspections reconfirmed earlier findings that remedial action A remedial action is a change made to a nonconforming product or service to address the deficiency. Rework and repair are generally the remedial actions taken on products, while services usually require additional services to be performed to ensure satisfaction. was effectively slowing degradation in steam generator tubes, but the company said in June that replacement might be the preferred option for Unit 2, which has been most affected by tube cracking. "The technical and financial aspects of steam generator replacement are very manageable," said Stewart, who, while senior vice president-nuclear at Virginia Power, supervised steam generator replacement at Surry and North Anna units. Stewart said steam generator replacement would be performed in conjunction with a normal refueling outage out·age n. 1. A quantity or portion of something lacking after delivery or storage. 2. A temporary suspension of operation, especially of electric power. thus limiting incremental outage time to an estimated 50 days. Located 55 miles west of Phoenix, Palo Verde is operated by APS, which owns 29.1 percent of the plant. APS is the principal subsidiary of Pinnacle West Capital Corporation (NYSE NYSE See: New York Stock Exchange :PNW PNW Pacific Northwest PNW Palestinian Airlines (ICAO code) PNW Probes Northwest (Ford Probe owners club) PNW Prescott and Northwestern Railroad Company PNW Printer Not Working PNW Personal Netware ), a Phoenix-based holding company with consolidated assets of $7 billion. CONTACT: Jim McDonald Jim McDonald can refer to:
or Chris Heller, 602/250-2022 |
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