TVA announces layoff of 800 workers, citing slow progress on building new reactor

I missed this story last week. On Thursday, October 20, Bloomberg Businessweek reported:

The Tennessee Valley Authority and a contractor announced Wednesday they are laying off about 600 temporary construction workers and an additional 200 support staff after unsatisfactory progress on construction of a second unit at the Watts Bar Nuclear Plant in Spring City.

TVA spokeswoman Barbara Martocci in Knoxville said progress was below TVA’s expectations and the public utility is discussing with contractor Bechtel Corp. how to improve the project’s pace.

The contractor is furloughing the workers over the next couple of weeks.

“Having fewer workers on the project will help TVA and contract partners better manage the work to complete the construction, startup testing and transition to commercial operation while controlling costs,” TVA said in a statement.

The Bloomberg article had this estimate of when the new reactor at Watts Barr might be completed:

The $2.5 billion, 1,200-megawatt project, TVA’s seventh reactor, is expected to be finished in 2013, having recently been delayed by a year.

Link: http://www.businessweek.com/ap/financialnews/D9QFHC600.htm

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About Robert Singleton

By day, I work for a call center. In my spare time, I try to save my hometown (and planet) from a nearly constant onslaught of greedheads, lunatics and land developers. I live in a fictional town called Austin, Texas, where I go to way too many meetings.
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