May 3, 2012
TVA Throwing Good Money After Bad on Nuclear
Stephen Smith, CleanEnergy
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 ...
TAGGED: cost overruns, Watts Bar, nuclear power, Tennessee Valley Authority, TVA