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Nuclear Implosions
Nuclear Implosions: The Rise and Fall of the Washington Public Power Supply System is a 2008 book by Daniel Pope, a history professor at the University of Oregon, which traces the history of the Washington Public Power Supply System, a public agency which undertook to build five large nuclear power plants, one of the most ambitious U.S. construction projects in the 1970s.
By 1983, cost overruns and delays, along with a slowing of electricity demand growth, led to cancellation of two plants and a construction halt on two others. Moreover, the agency defaulted on $2.25 billion of municipal bonds, which is still the largest municipal bond default in U.S. history. The court case that followed took nearly a decade to resolve.
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Nuclear Implosions
Nuclear Implosions: The Rise and Fall of the Washington Public Power Supply System is a 2008 book by Daniel Pope, a history professor at the University of Oregon, which traces the history of the Washington Public Power Supply System, a public agency which undertook to build five large nuclear power plants, one of the most ambitious U.S. construction projects in the 1970s.
By 1983, cost overruns and delays, along with a slowing of electricity demand growth, led to cancellation of two plants and a construction halt on two others. Moreover, the agency defaulted on $2.25 billion of municipal bonds, which is still the largest municipal bond default in U.S. history. The court case that followed took nearly a decade to resolve.