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Not only that but the cost to decommission one is absurdly high and I've read in previous articles that this cost isn't even a consideration at all when buildin
by fennecfoxy 3y ago
Not only that but the cost to decommission one is absurdly high and I've read in previous articles that this cost isn't even a consideration at all when building a reactor. Like it's just completely unplanned for and often paid into by the taxpayer.
- scrlk 3y agoIn the UK, the decommissioning process is definitely considered for new nuclear reactors: > The Funded Decommissioning Programme (FDP) ensures that the developer will meet the costs of decommissioning the plant and managing and disposing of its waste so that the taxpayer does not to bear the burden of these costs in future. > Under the Energy Act 2008 operators of new nuclear power stations are required to have secure financing arrangements in place to meet the full costs of decommissioning and their full share of waste management and disposal costs. These arrangements are set out in a FDP. https://www.gov.uk/government/publications/hinkley-point-c-funded-decommissioning-programme https://www.gov.uk/government/publications/hinkley-point-c-f...
- evilos 3y agoThis is false for the US (and UK as the other commenter pointed out). > In the USA, utilities are collecting 0.1 to 0.2 cents/kWh to fund decommissioning. They must then report regularly to the NRC on the status of their decommissioning funds. About two-thirds of the total estimated cost of decommissioning all US nuclear power reactors has already been collected, leaving a liability of about $9 billion to be covered over the remaining operating lives of about 100 reactors (on the basis of an average of $320 million per unit). NRC data for the end of 2018 indicated that there was a combined total of $64.7 billion held in the decommissioning trust funds covering the 119 operational and retired US nuclear power reactors.