PPL has not yet made a final decision to build the Bell Bend nuclear plant.
There are several key milestones that need to be reached before a decision can be made. 

NRC License
        PPL will file an application with the Nuclear Regulatory Commission for a combined construction permit 
        and operating license, called a COLA, in October 2008. The NRC review process takes three to four years.
        Currently, the NRC is considering the Design Certification Application for the U.S. Evolutionary Power Reactor,
        filed by AREVA in December 2007. That approval is required before the NRC can approve Bell Bend’s application.

        >> Click to access the NRC website to view PPL's application for a combined license (COL)

Loan guarantee
        PPL filed the first part of an application for a federal loan guarantee with the U.S. Department of Energy 
        in September 2008. The second part will be submitted by the end of 2008. A federal loan guarantee 
        is necessary for PPL to decide to move forward with construction and operation. Expansion of the federal loan
        guarantee program is essential to make carbon free generation from nuclear energy in the U.S.
        
        >> Click to access the loan guarantee program website

Investors
        Because Bell Bend is an extremely large and capital-intensive project, PPL is looking for other companies 
        to invest in the project. PPL does not plan to undertake nuclear construction alone.

Technology approval
        Certification of the reactor design chosen for Bell Bend, AREVA’s Evolutionary Power Reactor, is currently 
        under review by the NRC.