This is an excerpt from EERE Network News, a weekly electronic newsletter.

August 22, 2007

Utilities Begin Earnest Pursuit of Nuclear Power Construction

Now that the Tennessee Valley Authority (TVA) has successfully revamped and restarted its Browns Ferry Unit 1—the first essentially new nuclear reactor startup in 11 years—utilities and energy companies throughout the country are seriously pursuing the construction of new nuclear power plants. TVA took the first step, announcing on August 1st that its board has approved completing the Watts Bar Unit 2 power plant in Tennessee. The five-year construction project is expected to cost $2.49 billion. See the TVA press release.

On August 9th, NRG Energy, Inc. signed an agreement with Toshiba Corporation to help build two new nuclear reactors at its South Texas Project. The reactors are slated to begin operating in 2014 and 2015. NRG Energy also reserved the major long-lead-time components for the project, including the first reactor vessel. Entergy Nuclear has taken a similar approach, ordering major components to enable it to build a nuclear plant in Grand Gulf, Mississippi, by 2017. And on August 15th, Florida Power & Light Company (FPL) announced its plans to pursue building two new reactors at its Turkey Point nuclear complex, while adding new capacity to its existing Turkey Point and St. Lucie nuclear plants. The two new plants would provide 3,000 megawatts of new generating capacity by 2020. See the press releases from NRG Energy (PDF 96 KB), Entergy Nuclear, and FPL. Download Adobe Reader.