See the starts and stops of construction of the Bellefonte facility from 1974 to 2018,
1974 › Construction permit issued and building begins
1985 › Construction halted on Unit 2, then 55 percent complete
1988 › Construction halted on Unit 1, then 88 percent complete
1992 › Engineering work resumed to prepare for restart of construction.
1994 › Stone & Webster estimates finishing Bellefonte would cost $2.6 billion. Engineering work halted
1996 › TVA studies options of converting plant to combined-cycle natural gas but drops plans two years later
2001 › Texaco proposes using Bellefonte as site for coal gasification plant and Chattanooga financier Franklin Haney offers to finance completion of Bellefonte as nuclear plant
2002 › Texaco drops proposal and TVA turns down Haney offer
2005 › Nustart energy coalition picks Bellefonte as site for Westinghouse AP 1000 nuclear plant. TVA withdraws permit for original plant
2006 › TVA sells steel tubing, pipes for scrap metal from original units. Other equipment transferred to other plants 2008 › TVA reverses itself and decides to revive original Bellefonte units. 2009 › Nuclear Regulatory Commission reinstates construction permit in terminated status 2016 › Franklin Haney’s Nuclear Development LLC wins auction to buy Bellefonte for $111 million and puts down $22 million in earnest money.
2018 › TVA grants an extension for Nuclear Development to close the Bellefonte purchase until Nov. 30. Haney approaches Memphis Light, Gas and Water utility about buying power from Bellefonte.