HUNTSVILLE, Ala. (AP) -- For the first time in three decades, the Tennessee Valley Authority will seek a license from federal regulators to build a new nuclear power plant.
The board for the nation's largest utility voted Thursday to seek a Nuclear Regulatory Commission license to build a two-reactor plant at TVA's rural Bellefonte site on the Tennessee River in northeast Alabama.
TVA will apply for the license as a partner in a consortium of power companies and reactor manufacturers called NuStart Energy Development LLC. The consortium will split the projected $50 million initial design cost with the U.S. Department of Energy.
(Copyright 2007 by The Associated Press. All Rights Reserved.)