Energy 路 United States

How much was Bellefonte Nuclear Plant expected to cost?

Bellefonte is Tennessee Valley Authority's unfinished two-reactor nuclear project near Hollywood, Alabama. Construction of the original Babcock & Wilcox units began in 1975 and was deferred in 1988 as demand forecasts weakened; neither reactor ever generated commercial electricity. A U.S. Government Accountability Office review reports that TVA spent approximately $5 billion on the site over its development and preservation history, compared with TVA's initial $650 million estimate in 1970. These are nominal amounts from different years, not inflation-adjusted figures or a final price of an operating plant. TVA considered reviving the units but did not complete them. Their construction permits expired on 1 October 2021, and the site is now also used for training. The original two units would together have provided about 2,400 MW of electrical capacity; actual operating capacity is zero.

Reported project cost

$5 billion

Cost basis: 2016

Bellefonte Nuclear Plant
TholcombCC BY-SA 3.0

Cost evidence

Basis of the published figure

Reported project cost2016
gao.gov

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