Saturday, November 16, 2013
TVA Quarterly Meeting, November 14, 2013 at Oxford, Ms.
COAL - At today’s Board of Directors’ meeting in Oxford, MS, TVA announced that it will be retiring 3,308 MWs of coal capacity from 3 plants. - See more at: http://blog.cleanenergy.org/2013/11/14/big-coal-retirements-announced-at-tva-board-of-directors-meeting/#sthash.M5DUzR97.dpuf
The Tennessee Valley Authority's board has voted to close six coal-powered units in Alabama and replace two others in Kentucky with a natural gas plant. http://www.dailyherald.com/article/20131115/business/711159750/
BELLEFONTE - TVA President Bill Johnson told TVA directors Thursday a new assessment projects that finishing just one of the two reactors would cost $7.4 billion to $8.7 billion. The earlier estimate was $4.9 billion...The numbers and the recent decline in TVA power sales mean there's no need to finish Bellefonte anytime soon. Johnson said a proposal from former TVA Chairman Dennis Bottorff and Haney to help the utility finance the work doesn't add up and won't be done in time to qualify for needed federal tax credits..."We'd either have to borrow a lot more money or raise rates and either of those, we think, would make it hard to continue our basic mission," Johnson said. http://www.timesfreepress.com/news/2013/nov/15/bellefonte-costs-rise-again/
Zombie plant costs ratepayers, evidence of poor utility management. http://www.timesfreepress.com/news/2013/oct/27/bellefonte-at-a-glance/
TVA VIDEO AND LINKS
REPORT ON THE BELLEFONTE NUCLEAR PLANT