TVA Is Justified in Deferring the Yellow Creek Unit 1 Nuclear Powerplant
EMD-82-114: Published: Jul 30, 1982. Publicly Released: Aug 30, 1982.
Additional Materials:
- Full Report:
Contact:
Pursuant to a congressional request, GAO reviewed the demand forecast and benefit/cost analysis used by the Tennessee Valley Authority (TVA) as a basis for deferring construction on the Yellow Creek Unit 1 nuclear powerplant.
GAO stated that, although certain portions of the TVA demand forecast, particularly those dealing with economic growth projections, appear out of line with projections made by other organizations, it is for the most part based on sound data. The disparities do not significantly affect the credibility of the forecast results; if anything, the differing projections appear to indicate that TVA may be slightly overstating projected demand. Consequently, GAO believes that the TVA conclusion concerning the timing and need for the Yellow Creek plant is reasonable. Additionally, the benefit/cost analysis supports the agency's decision to defer the powerplant construction, since the ratios showed a savings to TVA ratepayers under all circumstances. The methodologies used by the agency to compute values of factors for which the benefit/cost ratios are sensitive appear to be reasonable when compared with similar data from independent sources. GAO concluded that, in addition to providing savings, the deferral decision was also prudent because it gives TVA at least 5 additional years to determine when and if the plant's capacity will be needed.
Dec 10, 2020
Uranium Management:
Actions to Mitigate Risks to Domestic Supply Chain Could Be Better Planned and CoordinatedGAO-21-28: Published: Dec 10, 2020. Publicly Released: Dec 10, 2020.
Dec 8, 2020
-
Offshore Wind Energy:
Planned Projects May Lead to Construction of New Vessels in the U.S., but Industry Has Made Few Decisions amid UncertaintiesGAO-21-153: Published: Dec 8, 2020. Publicly Released: Dec 8, 2020.
Nov 19, 2020
-
Nuclear Waste Disposal:
Better Planning Needed to Avoid Potential Disruptions at Waste Isolation Pilot PlantGAO-21-48: Published: Nov 19, 2020. Publicly Released: Nov 19, 2020.
Oct 29, 2020
-
Nuclear Safety:
DOE and the Safety Board Should Collaborate to Develop a Written Agreement to Enhance OversightGAO-21-141: Published: Oct 29, 2020. Publicly Released: Oct 29, 2020.
Oct 15, 2020
-
Nuclear Weapons:
NNSA Plans to Modernize Critical Depleted Uranium Capabilities and Improve Program ManagementGAO-21-16: Published: Oct 15, 2020. Publicly Released: Oct 15, 2020.
Jul 24, 2020
-
Nuclear Weapons:
Action Needed to Address the W80-4 Warhead Program's Schedule ConstraintsGAO-20-409: Published: Jul 24, 2020. Publicly Released: Jul 24, 2020.
Jun 24, 2020
-
National Nuclear Security Administration:
Analyzing Cost Savings Program Could Result in Wider Use and Additional Contractor EfficienciesGAO-20-451: Published: Jun 24, 2020. Publicly Released: Jun 24, 2020.
Jun 9, 2020
-
Nuclear Weapons:
NNSA Needs to Incorporate Additional Management Controls Over Its Microelectronics ActivitiesGAO-20-357: Published: Jun 9, 2020. Publicly Released: Jun 9, 2020.
May 13, 2020
-
Environmental Liabilities:
DOE Needs to Better Plan for Post-Cleanup Challenges Facing SitesGAO-20-373: Published: May 13, 2020. Publicly Released: May 13, 2020.
May 12, 2020
-
Hanford Waste Treatment Plant:
DOE Is Pursuing Pretreatment Alternatives, but Its Strategy Is Unclear While Costs Continue to RiseGAO-20-363: Published: May 12, 2020. Publicly Released: May 12, 2020.
Looking for more? Browse all our products here
Explore our Key Issues on Energy
- Air Quality
- Climate Change Funding and Management
- Climate Change Response
- Department of Energy's Contract Management for the National Nuclear Security Administration and Office of Environmental Management - High Risk Issue
- Economic Sanctions
- Electricity Markets, Grid Security and Resilience
- Hardrock Mining on Federal Lands
- Improving Federal Programs that Serve Tribes and Their Members - High Risk Issue
- Limiting the Federal Government's Fiscal Exposure by Better Managing Climate Change Risks - High Risk Issue
- Management of Federal Oil and Gas Resources - High Risk Issue
- Managing Federal Lands and Waters
- Nuclear Energy
- Nuclear Nonproliferation
- Nuclear Waste Disposal
- Nuclear Weapons and Forces Sustainment and Modernization
- Oil, Natural Gas, and Alternative Fuels
- Reducing Greenhouse Gas Emissions
- Security of Radioactive Materials
- Tribal and Native American Issues
- Understanding Climate Change
- U.S. Arctic Interests
Explore our other Key Issues here
