NORTH MISSISSIPPI — The Tennessee Valley Authority says the revised total cost to complete Unit 2 at Watts Bar Nuclear Plant in Spring City, Tenn., is up to $4.5 billion. The earlier estimate in 2007 had been $2.49 billion. The federal utility, in a statement yesterday, blamed the increase on poor previous estimates and that [...] [...]
PORT GIBSON — The Nuclear Regulatory Commission has opened a public comment period on Grand Gulf Nuclear Station’s license to operate for another 20 years. The Vicksburg Post reports the NRC is in the middle of a 22-month review of the renewal application. Entergy Nuclear filed the application last November. That started a multistep process [...] [...]
Terry Young has been named vice president of nuclear communications for Entergy Corporation. Formerly director of generation communications for Arizona Public Service Company, Young leads the nuclear communications function for the nation’s second largest nuclear energy fleet from its nuclear headquarters in Jackson. Communications professionals at Entergy’s nuclear facilities in seven states as well as [...] [...]
JACKSON — Entergy Nuclear CEO John Herron has named senior officers to new positions. Initial changes began in August, and the transitions are expected to be complete by November. Jeff Forbes, formerly senior vice president, COO for the five utility-owned nuclear energy plants, was named as senior vice president for nuclear operations for the Entergy [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority wants for the first time to put one of its nuclear reactors up for bids. The utility plans to then lease and operate Watts Bar Unit 2 in Tennessee and use investors’ money to fund construction of a reactor the utility plans to start building in 2013 at [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority board voted unanimously yesterday to finish construction of the 37-year-old Bellefonte nuclear plant in Northeast Alabama and to increase rates for average residential customers by $1.60 a month in October. The nine board members took both votes — first on the plant and later on the rate increase [...] [...]
NORTH ALABAMA — The U.S. Nuclear Regulatory Commission upheld a finding of a serious safety violation that will require increased inspection activities at the Tennessee Valley Authority’s Browns Ferry nuclear plant in North Alabama. The NRC responded Aug. 16 to TVA’s appeal of an earlier NRC finding of a rare red level violation following the [...] [...]
CLAIBORNE COUNTY — A spokesman for Entergy Nuclear says a pending upgrade for the Grand Gulf Nuclear station will be an economic boost for Claiborne County. Dillon Allen told a Vicksburg civic club that the station normally employs about 350 people. But at its height, the upgrade will see 2,200 or more total workers there. [...] [...]
NORTH MISSISSIPPI — Standard & Poor’s has downgraded the TVA’s credit rating to “AA+,” but TVA says the downgrade is “not expected to have a material impact.” TVA CFO John Thomas said the utility’s top credit rating otherwise has been reaffirmed by Moody’s Investors Service Inc. Fitch rating service has yet to change its TVA bond [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority has delayed the startup of its second reactor at the Watts Bar Nuclear Plant from late 2012 to 2013. The change is included in a TVA statement yesterday that announced the Oct. 1 retirement of TVA Nuclear Generation Development and Construction senior vice president Ashok Bhatnagar. The statement [...] [...]
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