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« Yet another long overdue atomic reactor permanent shutdown: Fort Calhoun, NE switched off for good today! | Main | Resources on just economic transitions when atomic reactors permanently shut down »
Wednesday
Sep142016

Old, nonworking nukes for sale

After spending more than 40 years and $5 billion on an unfinished nuclear power plant in northeastern Alabama, the nation's largest federal utility is preparing to sell the property at a fraction of its cost, reports NBC News. 

The Tennessee Valley Authority has set a minimum bid of $36.4 million for its Bellefonte Nuclear Plant and the 1,600 surrounding acres of waterfront property on the Tennessee River. The buyer gets two unfinished nuclear reactors, transmission lines, office and warehouse buildings, eight miles of roads, a 1,000-space parking lot and more. 

Two cooling towers can be seen in the reflection of a pond outside of the Bellefonte Nuclear Plant, in Hollywood, Alabama. Brynn Anderson / AP

Initial bids were due Monday, and at least one company has publicly expressed interest in the site with plans to use it for alternative energy production.  Read more.