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UK discounted provision for decommission costs: £100+ billion in 2013 https://www.theguardian.com/environment/2013/jun/23/britain-nuclear-atomic-clean-up-decom
by natmaka 8y ago
UK discounted provision for decommission costs:
£100+ billion in 2013
https://www.theguardian.com/environment/2013/jun/23/britain-nuclear-atomic-clean-up-decommissioning https://www.theguardian.com/environment/2013/jun/23/britain-...
£161 billion in 2017
https://web.archive.org/web/20170516093449/https://www.gov.uk/government/publications/nuclear-provision-explaining-the-cost-of-cleaning-up-britains-nuclear-legacy/nuclear-provision-explaining-the-cost-of-cleaning-up-britains-nuclear-legacy https://web.archive.org/web/20170516093449/https://www.gov.u...
£234 billion in 2018
https://www.gov.uk/government/publications/nuclear-provision-explaining-the-cost-of-cleaning-up-britains-nuclear-legacy/nuclear-provision-explaining-the-cost-of-cleaning-up-britains-nuclear-legacy https://www.gov.uk/government/publications/nuclear-provision...
... and counting.
- acidburnNSA 8y agoIf the linear no-threshold theory (i.e. if 100 people taking 100 aspirins each kills 100 people then 1 person taking 1 aspirin will kill 1 person) was reconsidered then it'd be ok to treat background-level radiation more reasonably. Then I think these costs would be much much less. To get here I believe someone's going to have to convince the public of low-dose hormesis convincingly enough (that is, if it's real) that they'll start making radiation dose appointments at the salon for health reasons.
- DennisP 8y agoYes and nuclear plants in the U.S. already pay for that, and it comes from the money paid by electricity customers.
- natmaka 8y agoUK: 15 reactors, ~10300 gross MWe. They analyzed and now think that decommissioning will cost £234 billion (309 billion USD). USA: 98 reactors, 100350 gross MWe. 46 billion USD (Nuclear Waste Fund) are in provision. One order of magnitude more power produced by the stuff to decommission, and nearly 7 times less money to do so. Decommissioning small and old reactors costs more, and ENTOMBing may, at least apparently (short-term), reduce the cost. In theory. Let's check a real and ongoing case: Oyster Creek. According to the EIA its construction costs were $488 million (2007 USD) ( https://www.eia.gov/nuclear/state/archive/2010/newjersey/ https://www.eia.gov/nuclear/state/archive/2010/newjersey/ ). As soon as the decommission project started the Nuclear Regulatory Commission announced that it will cost "about $1.4 billion to shut down the plant". Not for an immediate and complete decommission, because the plant will stay in a “safe store” condition until 2075, with dismantling ((...)) set for a period between 2075 and 2078 ( https://www.powermag.com/oldest-u-s-nuclear-plant-shuts-down/ https://www.powermag.com/oldest-u-s-nuclear-plant-shuts-down... ). Then new problems (costs!) may arise. Let's bet that, as usual, the taxpayer will pay.
- DennisP 8y agoThe trust funds for decommissioning are separate from the Nuclear Waste Fund.
- natmaka 8y agoGiven that * "Approximately 70 percent of licensees are authorized to accumulate decommissioning funds over the operating life of their plants." ( https://www.nrc.gov/reading-rm/doc-collections/fact-sheets/decommissioning.html#funds https://www.nrc.gov/reading-rm/doc-collections/fact-sheets/d... ) * at least some plants will be closed ahead of schedule (it's already starting) => not enough accumulated funds * the effective decommission cost may be higher than planned (see the UK & Oyster cases) ... the Nuclear Waste Fund may prove useful as waste management is a non-neglectable part of a decommission. Will all the available funds be sufficient?
- dv_dt 8y agoThere is a nuclear plant decommissioning line item in my So Cal Edison bill that confirms that customers are paying, but invalidates that a sufficient amount was collected during the operating lifetime of the plant.