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November/December 2009

Nuclear Power Renaissance?

Thirty years after Three Mile Island, nuclear is still too risky. But now the risks have shifted from physical to financial.

By Matthew L. Wald

Thirty years ago, in March 1979, a group of badly trained operators in the control room at Three Mile Island's unit 2 confronted a minor malfunction. The problem, a simple pump shutdown, was quickly made worse by an instrument panel that failed to inform the operators about a stuck valve and by an alarm system that overloaded after the first malfunction. The operators botched an attempt to solve the rapidly escalating problem, allowing a small leak to drain most of the cooling water out of the $700 million reactor. In about two hours, they converted America's newest nuclear plant, which had begun commercial operation just three months earlier, into a $1 billion liability.

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