Friday, April 27, 2012

TVA board clears revised cost estimate for Tenn. reactor project

TVA board clears revised cost estimate for Tenn. reactor project
A revised cost estimate for the completion of the Unit 2 reactor of the Watts Bar nuclear plant in Tennessee cleared the Tennessee Valley Authority board. The board accepted a revision that increases the project's total cost to as much as $4.5 billion. Finishing the reactor "will help us deliver a balanced mix of energy sources and increase our supply of emission-free electricity," said Tom Kilgore, TVA's president and CEO. The Tennessean (Nashville)/The Associated Press

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