Jackson County Nuclear Plant Still on the Bubble
By Associated Press
Chattanooga, TN – Three years after the Tennessee Valley Authority started pulling steel from America's costliest unfinished power plant to sell as scrap, the utility is trying to decide if the Bellefonte Nuclear Plant is more than a pricey salvage yard.
TVA invested 35 years and more than $4 billion before mothballing the plant, located in Jackson County, in the 1980s, when power demand slowed and construction costs were high.
TVA Vice President Jack Bailey now tells the Chattanooga Times Free Press that "the world has changed" and finishing Bellefonte might make financial sense.
In February, TVA convinced federal regulators to reinstate the construction permit, even though some plant equipment was removed three years ago. TVA could build up to four reactors, having Bellefonte running by 2020.