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Press Mention TimesDaily August 6, 2001

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TVA hears more about proposal to restart reactor

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TVA officials met with developer Franklin Haney to discuss a proposal to restart the idled Unit 1 reactor at Browns Ferry Nuclear Power Plant using $1.3 billion in financing. Stephen Smith, executive director of the Southern Alliance for Clean Energy, criticized the proposal as a scheme to mask TVA's debt while ultimately passing costs to ratepayers, advocating instead for energy conservation efforts.

I haven't seen all the details of the proposal, but I am very skeptical of it based on what I've heard

Stephen A. Smith

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