Utility Financial Stability And The Availability Of Funds For Decommissioning

Estimating decommissioning costs and collecting the necessary funds for the eventual decommissioning of nuclear facilities is a prerequisite for safe, timely and cost effective decommissioning. The report identifies the types of costs that should be considered when developing a cost estimate and provides information on the collection and management of the funds. It also provides a discussion of the social impacts of decommissioning and how decommissioning can affect the surrounding communities.

The processes and associated dilemmas of nuclear power plant decommissioning are reviewed in this publication. Decommissioning involves the clearing up and disposal of a retired nuclear plant and its equipment of such a way as to safeguard the public from the dangers of radioactivity. Related problem areas are identified and include: (1) closure methods (discussing the options of decontamination and dismantlement, storage, and reaction of a permenent tomb); (2) high-level waste management (identifying spent fuel removal and disposal problems); (3) retired reactor disposal (citing examples of waste management systems employed in the United States and in Europe); (4) economics (providing cost estimates for major expense items); (5) savings mechanisms (proposing efforts to offset future decommissioning costs); and (6) long-term strategies (urging the need for safe disposal and decommissioning research and development programs). (ML)