Dive Summary:
- The Tennessee Valley Authority (TVA) said its Watts Bar Unit 2 in on budget and should be completed by its target date in the fourth quarter of 2015.
- The plant was 80% complete in 1988 when TVA stopped production on the plant, which wasn't resumed until 2012.
- Once finished, the 1,150-megawatt plant is expected to generate power for 650,000 homes; TVA supplies power to 155 municipal systems and electric co-ops.
From the article:
“While we have not identified any new short-term risks that compromise project completion, there will be challenges as we build this unit, with regulatory and licensing issues being our primary challenges,” said Mike Skaggs, TVA senior vice president for nuclear construction.
“Workers achieved over 17 million work hours without a lost-time incident, and the overall acceptance rate of quality control inspections remained above 95 percent,” Skaggs said. “Cost and schedule performance achieved established goals.” ...