May 3, 2012

TVA Throwing Good Money After Bad on Nuclear

Stephen Smith, CleanEnergy


Google Images

Under the leadership duo of Bill Sansom’s tenure as the Tennessee Valley Authority’s Board Chairman and Tom Kilgore’s years as CEO, we have witnessed some of the largest financial mistakes ever made in the history of the agency. The Kingston Coal Ash Disaster in 2008 will end up costing TVA more than $1 billion in clean-up and corrective actions as a result of that energy disaster. And now we’ve learned that this TVA leadership “missed” the ever-increasing cost of completing the second reactor at the Watts Bar nuclear plant in ...

Read Full Article ››

TAGGED: cost overruns, Watts Bar, nuclear power, Tennessee Valley Authority, TVA

RECOMMENDED ARTICLES

April 25, 2012
The New Modular Nuclear Reactors
John Brian Shannon, EBoom
Within hours of the 9.0 earthquake and tsunami, most of Japan's 54 nuclear power plants (which had supplied 27 per cent of Japan's electricity) were shut down on orders from then Prime Minister Naoto Kan.Japan... more ››
April 20, 2012
Fukushima: Complete Story of the Debacle
Powell & Takayama, Fortune
FORTUNE -- More than a year has passed since a massive earthquake and a series of tsunamis triggered the worst accident at a nuclear power plant since Chernobyl in 1986, but the epic debacle at the Fukushima Daiichi nuclear... more ››
April 20, 2012
Are Electric Cars Green?
Breath on the Wind, CleanTechnica
Paul Stenquist of the New York Times attempted to educate us last Sunday by suggesting that pollution from electric cars is as clear as a sixth grade math problem. However, by 9th grade, we should begin to understand that... more ››