TVA delays decision on nuclear plant
NORTH MISSISSIPPI — Tennessee Valley Authority executives say they are delaying a planned April decision on whether to possibly build a new reactor at the Bellefonte Nuclear Plant in northeast Alabama.
Utility spokesman Terry Johnson told the Chattanooga Times Free Press that the board is delaying a decision that was expected on April 16 for at least a few months to further consider its options.
TVA could complete an old reactor, build a new one, or do nothing at all.
Johnson said Tuesday it’s an important decision for TVA and its customers.
The newspaper reports that an environmental assessment last year showed that finishing the Unit 1 reactor started in 1974 would be cheaper. TVA previously said it would build the Westinghouse reactor but cost estimates have climbed above $3 billion.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Officials set hunting dates for birds; expands dove season by 20 days
- Brandon man hauls in record 756-pound alligator
- Is cotton looking too good? Farmers facing weaker prices
- Woman found guilty of murder in buttocks injection case
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Mississippi judge dismisses lawsuit seeking to overturn Sen. Cochran's GOP primary win
- Healthcare Marketplace to look much the same in 2015