TVA: WATTS Bar 2 Cost Overruns soar by $2B; Operation delayed to 2015

TVA: WATTS BAR 2 COST OVERRUNS SOAR BY $2B; OPERATION DELAYED TO 2015
Completion of the Tennessee Valley Authority’s (TVA’s) second Watts Bar reactor will cost nearly double the $2.49 billion price estimated in 2007 and take much longer than the projected 60-month completion timeframe. A construction review undertaken by the federally owned corporation pointed to mismanagement and faulty execution as reasons for the discrepancy. Read More »

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