TVA takes bid for sale of abandoned nuclear plant

Site manager Jim Chardos talks Wednesday, Sept. 7, 2016 about the new control room at Bellefont Nuclear Power Plant in Hollywood, Ala.

Bellefonte at a glance

Location: 1,600 acres between Highway 72 and the Tennessee River in Hollywood, Ala.Investment: More than $5 billion, excluding most interest and maintenance expenses incurred over the past decade and a half.Remaining debt: Most of the investment has already been written off, but $1.3 billion remains on the TVA booksWhat is on the site: Two unfinished Babcock and Wilcox pressurized water reactors, plus two cooling towers, switchyard, transmission lines and training facility and officesHistory: Construction began in 1974 on two Babcock & Wilcox reactors, was suspended in 1988 on original units. Planning began to put a new generation of two new Westinghouse units on the site in 2006, but plans for all four units were scrapped this year due to a slowdown in the growth of power demand in the Tennessee Valley