Price tag to get Fort Calhoun nuke plant up and running? $134 million

Source: Omaha World Herald

By Erin Golden

Work to get Fort Calhoun Nuclear Station up and running will push the Omaha Public Power District $134 million over budget this year — a cost the district plans to spread out over the next decade.

Officials plan to make up about $24 million of that difference by delaying projects and leaving vacant positions open. Under a plan approved Thursday by OPPD's board, the rest of the money will be paid off over a 10-year period. The district will do the same with an additional $30 million it expects to spend on recovery efforts at the plant in 2013.

The funding gap is the result of delays in getting the troubled plant back online.

When it put together its 2012 budget, the district had hoped its Fort Calhoun plant, located about 20 miles north of Omaha, would be ready to return to service this year. The facility's reactor was shut down in April 2011, after a handful of safety violations and fears over Missouri River flooding.

FULL story at link.


Read more: http://www.omaha.com/article/20120920/NEWS/709229999/1685#price-tag-to-get-fort-calhoun-nuke-plant-up-and-running-134-million

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MATT MILLER/THE WORLD-HERALD
The Fort Calhoun Nuclear Station is surrounded by water in June of 2011 during last year's flooding.