Bellefonte
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News
Finnish Nuclear Plant Start-up Delayed Again
Another nuclear power project has been delayed, as the Fennovoima consortium and Russia’s state-run nuclear company Rosatom said the Hanhikivi 1 power plant’s projected start-up date has been pushed to 2028, four years behind the original schedule and eight years later than the proposed start when Finland’s government supported the project in 2010. The announcement […]
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News
Developer Sues TVA Over Cancellation of Bellefonte Deal
The real estate developer who has tried for more than two years to buy the assets of the canceled Bellefonte nuclear power plant project in Alabama has sued the Tennessee Valley Authority (TVA) after TVA last week pulled out of the deal to sell the plant. Attorneys for Franklin Haney, whose Nuclear Development LLC (NDLLC) […]
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News
TVA Extends Deadline for Bellefonte Nuclear Plant Deal
A Tennessee businessman now has until the end of November to finalize a two-year-old purchase agreement for the unfinished Bellefonte nuclear power plant in Alabama. The Tennessee Valley Authority (TVA), which began building the plant in 1974 but ended construction in 1988 amid a downturn in the nuclear power industry, on November 9 said it […]
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Nuclear
Plan in Works to Finish Bellefonte Nuclear Plant in Alabama
It’s been 30 years since the Tennessee Valley Authority (TVA) called a halt to construction of the Bellefonte Nuclear Power Plant in Alabama. Details of a deal to finish the plant and its two Babcock & Wilcox pressurized water reactors were announced at a news conference near the idled project July 30. Business executives and […]
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History
THE BIG PICTURE: Abandoned Nuclear
This month’s THE BIG PICTURE infographic is accompanied by an interactive map. For more, visit: https://www.powermag.com/interactive-map-abandoned-nuclear-power-projects/
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History
THE BIG PICTURE: Abandoned Nuclear Power Projects (Interactive Map)
Increasing uncertainties concerning low forecasted load; construction financing constraints and reversals; state certification hurdles; and challenges to nuclear profitability posed by the growing share of coal plants beset the nuclear industry in the early 1970s. The nuclear suffered a renewed economic meltdown and fierce public pushback in the aftermath of the Three Mile Island accident […]
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News
Bellefonte Nuclear Plant Sold for $111 Million; Buyer Wants to Finish It
The Tennessee Valley Authority (TVA) said on November 14 that it has sold the unfinished Bellefonte Nuclear Power Plant at auction to a private holding company for $111 million. The two-unit Bellefonte plant sits on approximately 1,600 acres on a peninsula in the Tennessee River near Hollywood, Alabama. TVA began construction in 1974, but it halted the […]
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Nuclear
Nuclear Milestones Confront Exelon, FPL, and TVA
Five nuclear projects—two old, one new, two planned—faced milestones this week as their owners confronted the realities of the U.S. nuclear market. Exelon Seeks Nuclear Support In Illinois, Exelon again warned that the long-challenged Clinton and Quad Cities plants would shut down unless the Illinois legislature passed a bill that would provide economic support for the […]
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Nuclear
For Sale: Partially Constructed Bellefonte Nuclear Power Plant
The Tennessee Valley Authority (TVA) board of directors voted on May 5 to surplus the Bellefonte Nuclear Plant property in northern Alabama so it can be offered for sale and potentially put to better use. The decision comes after months of consideration. On February 16, the TVA notified employees, customers, economic development interests, other stakeholders, […]