Richland nuclear plant buying $711M worth of fuel
Friday, May 11, 2012
RICHLAND, Wash. (AP) -- The Energy Northwest board voted Thursday to spend $711 million to buy nuclear fuel for its power plant near Richland.
The fuel would not be used until 2021.
The Tri-City Herald reports (http://is.gd/LSH3YS ) the Energy Department proposed the deal that depends on selling some of the fuel for $731 million to the Tennessee Valley Authority, which has seven nuclear plants.
Energy Northwest officials say the deal will save Northwest ratepayers money.
Information from: Tri-City Herald, http://www.tri-cityherald.com