TVA Board Hears Report on Browns Ferry Unit 1 Study
March
26, 2002
HARTSVILLE, Tenn. Returning TVAs Browns Ferry Unit 1 to service
is a technically viable option for meeting future power demand while not
increasing emissions in the Tennessee Valley, according to a detailed
cost and planning study. The technical study requested by the TVA Board
in September shows that Browns Ferry Unit 1 can be returned to service
safely and economically, Chief Nuclear Engineer Jon Rupert
told the Board today at a meeting in Hartsville.
According
to the Detailed Scoping, Estimating and Planning study, it would take
about five years and cost about $1.7 billion to restart the unit. Up to
2,400 temporary jobs would be created while the project is under way
most of them in the North Alabama area.
This
careful and thorough review of the amount of work, the estimated cost,
and the time required to return Unit 1 to service will help the Board
make a sound business decision, said TVA Chairman Glenn McCullough
Jr. The study shows the unit can provide an affordable, reliable
source of power for the people of the Tennessee Valley. However, this
is just one of the steps to be taken so that the Board can make an informed
decision.
The
Board will await results of an environmental review and an assessment
of power and financial conditions before deciding whether to pursue the
Browns Ferry option. Later this week, TVA will mail copies of the Browns
Ferry Supplemental Environmental Impact Statement for public review. After
publication of a notice in the Federal Register, the public has 30 days
to review the Final Supplemental Environmental Impact Statement.
The
environmental review is one of the steps TVA must complete before it can
apply to the Nuclear Regulatory Commission to extend operating licenses
for all three Browns Ferry reactors. In addition to the environmental
review, the Board will wait for detailed financial assessments and power
planning forecasts. Current power planning forecasts indicate that additional
capacity will be needed in the next decade to meet power demand in the
TVA region.
A
team of experts with experience in recovering and restarting nuclear plants
and major engineering and construction companies conducted the detailed
planning and cost study and evaluated the physical condition of Unit 1.
Browns Ferry Unit 1 has not operated since 1985. TVA restarted Unit 2
in 1991 and Unit 3 in 1995, and both units have performed well and provided
a reliable source of power since they returned to service. Browns Ferry
Unit 3 currently holds the record for the longest continuous run of any
TVA power generating facility.
The
Browns Ferry units have consistently ranked among the nations top
nuclear facilities as measured by the Nuclear Regulatory Commission and
the industry group that evaluates and accredits commercial nuclear reactors.
TVA
is the nations largest public power producer, and its power system
is self-financed. TVA provides power to large industries and 158 power
distributors that serve 8.3 million consumers in seven southeastern states.
Media Contact:
Craig
Beasley, Browns Ferry (256-729-7698) or TVA News Bureau, Knoxville (865-632-6000)
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