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
Recommend this article Recommend this article () You recommended this article You recommended this article ()
Follow Power Engineering on Twitter

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.

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Archived Articles

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

Buyers Guide Categories

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover

Buyers Guide Product Listings

Staffing Services

Since 1986, NAES has provided distinctive staff...

Project Support Services

Staffing has been one of our core competencies ...

Buyers Guide Company Listings

Top Wood Jobs LLC

Global recruiting and personnel for the biomass and wood products industry. Full time or temporary support for all plant management, project development, project management, engineering, construction, consulting for your plant.

The David Wood Co

Provides a multitude of services which enable us to customize a search or staffing solution for your individual needs.

System One

System One is the leader in technical outsourcing and careers. We deliver staff augmentation, managed staffing, and quality solutions to utilities, plants, engineering firms, and OEMs.

IBEX Engineering Services Inc

Provides consulting, engineering and staffing solutions in operations, project management, assessments and oversight, licensing and regulatory compliance and expert witness services to energy and power markets, from renewables to nuclear.

Power Industry Wire News

Blue Earth Closes on Purchase of Equity Position in PowerGenix With $10 Million Dollar Investment

Blue Earth Closes on Purchase of Equity Position in PowerGenix With $10 Million Dollar ...

Western Gas Partners Prices Public Offering of 7,500,000 Common Units

Western Gas Partners Prices Public Offering of 7,500,000 Common Units

Envision Solar's EV ARC(TM) Featured at SUSTAINATOPIA 2014 Beverly Hills

Envision Solar's EV ARC(TM) Featured at SUSTAINATOPIA 2014 Beverly Hills

Enlighted Launches the Global Energy Optimization (GEO) Program; Company's First-to-Market, Energy Savings-as-a-Service Model at Verge

Enlighted Launches the Global Energy Optimization (GEO) Program; Company's First-to-Mar...

Ideal Power Inc. to Host Third Quarter 2014 Results Conference Call at 4:30 pm ET on November 11, 2014

Ideal Power Inc. to Host Third Quarter 2014 Results Conference Call at 4:30 pm ET on No...

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 >>