The board of the Tennessee Valley Authority on Thursday agreed to continue with the completion of Watts Bar Nuclear Plant’s unit 2 reactor despite delays and cost overruns.
The plant now is estimated to cost $4.2 to $4.5 billion — twice as much as originally expected — and be delayed by three more years.
TVA now expects the plant to be completed by December 2015 or June 2016 at the latest. It was originally to be completed and online this year.
TVA’s new nuclear construction chief, Mike Skaggs, told the board today that the estimates includes potential new requirements in the wake of meltdowns at the nuclear plant in Fukushima, Japan.
For complete details, see tomorrow’s Times Free Press
Pam Sohn has been reporting or editing Chattanooga news for 25 years. A Walden’s Ridge native, she began her journalism career with a 10-year stint at the Anniston (Ala.) Star. She came to the Chattanooga Times Free Press in 1999 after working at the Chattanooga Times for 14 years. She has been a city editor, Sunday editor, wire editor, projects team leader and assistant lifestyle editor. As a reporter, she also has covered the police, ...