Could economics doom ailing Calif. nuke plant?

Wednesday July 4, 2012 12:00 PM

MICHAEL R. BLOOD

The Associated Press

LOS ANGELES (AP) — Is it worth the money to fix a troubled nuclear power plant in California that generates power for more than 1 million homes?

Engineers at the damaged San Onofre plant north of San Diego face an uphill battle as they seek a fix for unprecedented decay in generator tubes that has kept it closed since Jan. 31.

With summer here and no restart date in sight, state officials are encouraging conservation to ensure the lights stay on in Southern California when temperatures and electricity use peak.

The plant has been a source of lower-cost power, but some analysts say the problems have grown so thorny and potentially pricey that it raises the question if the smartest move might be closing it for good.

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