TVA cuts 530 jobs, slashes budget at Bellefonte nuclear plant

Tennessee Valley Authority TVA slashes budget cuts jobs Bellefonte nuclear power plant Alabama

In an effort to revive the stalled build at the Bellefonte nuclear power plant, the Tennessee Valley Authority is trimming the project’s budget by 64 percent and cutting 530 jobs at the facility, the Associated Press reports.

In total, 35 TVA employees and 495 contractors will lost their current jobs, though some may reportedly be reassigned to other roles within the organization. The budget for Bellefonte is being cut from $182 million to $66 million. According to the AP, the massive cutbacks call the entire future of the project into question.

The cutbacks come on top of a spate of bad news for the nuclear industry, culminating in the announcement last week that Southern California Edison was permanently closing the long-troubled San Onofre nuclear plant.

Subscribe to Nuclear Power International magazine

Sponsored by FLSmidth

Related Articles

 Mayors: Closure of Illinois nuclear plants would hurt cities

Mayors: Closure of Illinois nuclear plants would hurt cities

Mayors of six Illinois communities are warning of potential economic consequences if three nuclear power plants close in their areas.

 Illinois lawmakers push renewable energy proposal

Illinois lawmakers push renewable energy proposal

Lawmakers want to increase the share of clean energy consumed in Illinois with a bill they say will bring jobs to the state.

Follow Power Engineering on Twitter

Latest News

Monticello nuclear power plant has increased NRC oversight

NRC continues oversight of Monticello nuclear power plant

The U.S. Nuclear Regulatory Commission (NRC) said it will continue increased oversight of the...
Hinkley Point C nuclear power plant lawsuit Germany

German co-op to sue over Hinkley Point C nuclear incentives

A German energy cooperative said it will sue the European Commission over incentives for a nu...
University of Iowa plans steam generating power plant

University of Iowa proposes $75 million power plant

University of Iowa officials are ready to begin planning a steam production plant on the west...
Saudi Arabia South Korea nuclear power cooperation deal memorandum of understanding

Saudi Arabia, S. Korea sign nuclear power deal

Saudi Arabia and South Korea signed a deal to build nuclear power plants in the Kingdom.

W.Va. gov signs bill letting lawmakers OK state carbon plan

Democratic Gov. Earl Ray Tomblin has signed a bill letting lawmakers approve state plans to m...
 Nuclear company Areva in turmoil after billions in losses

Nuclear company Areva in turmoil after billions in losses

Nuclear manufacturer Areva has announced a 4.8 billion euro loss for 2014, more than its enti...
 Electric utility Dominion flexes political muscles in Virginia

Electric utility Dominion flexes political muscles in Virginia

Virginia's 2015 legislative session was a good one for energy giant Dominion Resources Inc. (...
Callaway Energy Center's Replacement Reactor Vessel Closure Head Project

[Image Gallery] Callaway Energy Center Nuclear Power Upgrade Project

Power Engineering Current Issue

02/01/2015
Volume 119, Issue 2
1502PE-cover

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Buyers Guide Categories

Buyers Guide Product Listings

Staffing Services

Since 1986, NAES has provided distinctive staff...

Project Support Services

Staffing has been one of our core competencies ...

Power Industry Wire News

CRMI Retools Transition Team; Senior Management Changes Announced; New Stock Transfer Agent Appointed

CRMI Retools Transition Team; Senior Management Changes Announced; New Stock Transfer A...

GulfSlope Energy to Present at the 27th Annual Roth Conference

GulfSlope Energy to Present at the 27th Annual Roth Conference

Will the U.S. Shale Boom Fuel Asia's Economic Future and Europe's Energy Security?

Will the U.S. Shale Boom Fuel Asia's Economic Future and Europe's Energy Security?

American Dryer's eXtremeAir Cold Plasma Clean(R) Technology Kills Influenza A Virus

American Dryer's eXtremeAir Cold Plasma Clean(R) Technology Kills Influenza A Virus

LIG Assets, Inc. Takes Position in North Dakota Oil Leases

LIG Assets, Inc. Takes Position in North Dakota Oil Leases

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>