Wednesday, October 13, 2010

O'Malley, Other Officials Work to Save Nuclear Reactor Project

Md. governor seeks to revive Constellation's nuclear project
Maryland Gov. Martin O'Malley held discussions with Electricite de France executives in an effort to salvage plans to build a third reactor at Constellation Energy's Calvert Cliffs Nuclear Power Plant, said Shaun Adamec, a spokesman for the governor. Constellation last week informed the Department of Energy that it cannot proceed with its bid for a $7.5 billion federal loan guarantee for the project because the proposed terms and conditions were unworkable. O'Malley was "very surprised and disappointed at Constellation pulling out of what was almost universally perceived as a near-complete process," Adamec said. Southern Maryland Online/Capital News Service (Maryland)
http://www.somd.com/news/headlines/2010/12596.shtml
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