TNAG-1503-FCO40-2061-Guangdong-nuclear-power-station-project-at-Daya-Bay-safety-c-1986 — Page 112

(a)

- 2 -

Mr. Daniel Berkovitz, assistant counsel of the

U.S.

Committee on Environment and

Senate

Public Works;

(e)

Mr.

Frank

Graham,

Industrial

vice-president, Atomic

Forum--spoke sman for the nuclear

power industry in U.S.A.; and

(f)

Mr. T.K. Lau, U.S. Department of Energy, State

Department.

3.

Declining Growth of the Nuclear Industry in the

U S.A.

The nuclear industry in the U.S.A. is having a very

difficult time. No new nuclear reactor has been

purchased since 1978.

76 contracts for nuclear

reactors

have been cancelled for the following

reasons:

(a) a slackening in the growth demand for electric

power due to a successful energy conservation

programme;

(b) increased regulatory uncertainties;

(c)

high interest rates;

(a)

difficulties in financing the

large capital

cost of a nuclear plant; and