Sequoyah 1 & 2

Basic Facts:

  • Location: Soddy-Daisy, Tennessee
  • Owner: Tennessee Valley Authority
  • Operator: Tennessee Valley Authority
  • Construction Cost: $4.2B (2018$)
  • Plant Output: 2,300 MW (Combined)
  • Property Size: 520 acres
  • Status: Operational
  • Employees: 1,000
  • Expected Shut Down Date: Unit 1 (2040), Unit 2 (2041)
  • Current DTF Balance: $390M (2018$)
  • DTF Balance Prior to Decommissioning: $1.3B (2018$)
  • Decommissioning Cost Estimate: $1.0B (2018$)
  • Spent Nuclear Fuel on Site: 1,491 metric tons
Sequoyah 1 & 2 Photo

Background

The Sequoyah nuclear power station consists of two pressurized water reactors. Construction began in 1970 with licensed operations commencing in 1981 (Unit 1) and 1982 (Unit 2).

In 2015, the NRC granted twenty-year license renewals to both units extending their operating life to 2040 (Unit 1) and 2041 (Unit 2).

Socioeconomics

The Sequoyah nuclear power plant is located within Hamilton County, Tennessee. As of 2016, socioeconomic information is as follows:

  • Population: 362,000
  • Per Capita Annual Income: $50,000
  • Unemployment rate (not seasonally adjusted): 3.5%

As a government entity, TVA does not pay state, local or federal income taxes. Hamilton County receives approximately $3M of TVA’s in lieu of tax payments to the State of Tennessee.

Contact Information

Economic Development Administration Representative:

Economic Development District

University Center

Nuclear Regulatory Commission 

Unless specific costing information has been provided, decommissioning costs were derived from 2017 Decommissioning Funding Status Report.
Information herein obtained from public sources. Corrections are welcome and may be directed to [email protected].

Additional Information

No recent news about this plant. Try a search for other related news below.

(802) 345-7044

Connect

Blog

Contact

Download our

free report

Discover tools and information for improving project outcomes and
catalyzing economic recovery

Scroll to Top