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
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:
- Bertha Partin, Atlanta Regional Office, t: (404) 730-3010, e: [email protected]
Economic Development District
University Center
Nuclear Regulatory Commission
- Roger Hannah, Sr. Public Affairs Officer, t: (404) 997-4417, e: [email protected]
- Sequoyah 1, Sequoyah 2
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].
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