Haney deal appears dead to complete Nuclear Plant at Bellefonte
TVA gives up the construction permit they hoped to sell to Franklin Haney Company
CHATTANOOGA, Tenn. (AP) – The Tennessee Valley Authority is giving up its construction permit for an unfinished nuclear plant in northeast Alabama nearly 50 years after work began on the facility.
The Chattanooga Times Free Press reports that the TVA notified the U.S. Nuclear Regulatory Commission last week that it would not renew its regulatory permit at the Bellefonte Nuclear Power Plant.
The move came after a federal judge agreed to cancel the proposed sale of the plant to developer Franklin L. Haney’s Nuclear Development LLC because the company wasn’t able to transfer the construction permit.
Haney could still appeal, but the newspaper reports the decision signals the end of any new nuclear plant construction at TVA.