TVA to Make Bellefonte Decision in August - WRCBtv.com | Chattanooga News, Weather & Sports

TVA to Make Bellefonte Decision in August

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HUNTSVILLE, Ala. (AP) - The Tennessee Valley Authority's CEO says he expects the utility to announce a decision in August on whether it will complete the nuclear reactor at Bellefonte Nuclear Plant near Scottsboro.

CEO Tom Kilgore said Thursday in Huntsville that the alternative is to build a new model reactor at the site.

TVA has estimated construction on Bellefonte's Unit 1 reactor is about 90 percent complete. TVA began the project in the 1970s and abandoned it and a second unit in the late 1980s due to budget pressures and cost overruns. The Bellefonte plant has cost TVA about $4.5 billion.

Cost estimates for the next-generation reactors vary, but projections have gone from about $7 billion for two reactors to as high as $17 billion.

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Information from: The Huntsville Times, http://www.al.com/huntsville

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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