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116665 1 (1981-10-20)

handle is hein.gao/gaobadyvz0001 and id is 1 raw text is: 



            UNITED STATES GENERAL ACCOUNTING OFFICE
                       WASHINGTON, D.C.


                                        FOR RELEASE ON DELIVERY
                                        EXPECTED AT 10:00 A.M.
                                        OCTOBER 20, 1981
                                                               /
                         STATEMENT OF
                       J. DEXTER PEACH
            DIRECTOR, ENERGY AND MINERALS DIVISION
                          BEFORE THE
       SENATE COMMITTEE ON ENERGY AND NATURAL RESOURCES
                            AND THE
       SENATE COMMITTEE ON ENVIRONMENT AND PUBLIC WORKS,
              SUBCOMMITTEE ON NUCLEAR REGULATION
                     UNITED STATES SENATE


     Mr. Chairman, we appreciate the opportunity to testify on

the financial and operational problems that continue to exist

at the Three Mile Island nuclear generating station (TMI), and

the parent company of the facility, the General Public Utilities

Corporation (GPU). The General Accounting Office (GAO) has had

an interest in TMI for quite some time as evidenced by our

reports issued on July 7, 1980, 1/ which addressed the serious

financial questions raised by the accident, and more recently

our report issued on August 26, 1981, 2/ which pointed out the

need for a much greater commitment by those affected by TMI

to reach a successful resolution of its problems. In addition

we have testified before the House Subcommittee on Energy



l/Three Mile Island: The Financial Fallout (EMD-80-89,
  July 7, 1980).

2/Greater Commitment Needed to Solve Continuing Problems
  At Three Mile Island (EMD-81-106, August 26, 1981).


                               1   /II.II1/j/f11              66 I j

                                        ,'.                  116665

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