Nuclear Street News Team comprises of industry writers and journalist.
The site of the most expensive civilian nuclear project to be abandoned in the U.S. is up for sale in Indiana.The Public Service Company of Indiana, now part of Duke Energy, halted construction on the plant's two Westinghouse reactors in 1984 after having spent more than $2.5 billion. News reports from the time placed the units at 55 percent and 35 percent complete before its components were sold off. Over the years, the plant's containment buildings and other structures have been demolished.Hilco Real Estate announced Friday that it would accept bids for the site through Nov. 8 and aimed to close a sale by the end of the year. The property consists of 660 acres in Jefferson County, Ind. It includes a 3 million gallon retention pond, 2,500 feet of Ohio River frontage and a pump house equipped to draw up to 8 million gallons per day. The company said the site can be delivered as-is or with its remaining structures razed.According to a Hilco release, Marble Hill got its name from the limestone beneath it, which reminded area settlers of Italian white marble.
Marble Hill was not as expensive as Shoreham - that was the most expensive one!
True -- Shoreham was more expensive at roughly $6 billion. It was fully functional but never used at full power after local and state governments opposed to the plant refused to approve its evacuation plan. I should clarify that by "project" here, I was referring to incomplete reactors.
Nuclear Street News Team
What a history bound heart ache. Had just arrived in town for start-up when the plug was pulled. Marble Hill is a monument to political stupidity that has run this country into the ground.
How much is the asking price? Maybe a good investment for "The Donald".
The price will be determined by the bids received. Take a look at this satellite view of the plant now. It really has been decimated. www.bing.com/maps
Make sure you zoom in on the map link above.
Seems that the decommissioning process has not restored the land to as-found condition.