There was an NRC report a few years ago telling off the NPP operators for STILL not having enough
decommissioning funds.
Anti-nuclear activists are blasting the state for agreeing to turn over about $ 1.5 billion it held in nuclear plant
decommissioning funds to two energy companies.
The decommissioning costs may also be borne by the taxpayer, though companies will be asked to pay into a «
decommissioning fund».
FitzPatrick's
decommissioning fund was established by the New York Power Authority prior to selling the plant to Entergy, and is expected to grow by about 2 percent per year.
He will prefer to receive as large a monthly payment as possible for the use of his land, not see some of his money diverted into
a decommissioning fund outside of his direct control.
As soon as a nuclear plant starts up the people who are and the customers, the utility ratepayers, start paying bit by bit into
a decommissioning fund.
«We have already, all of us in this room, been paying into that fund,» he explains; taxpayers have been contributing to
a decommissioning fund since the plant's beginning; by the end of last year, we've contributed $ 2.6 billion.
Customers pay a levy of $ 0.001 — $ 0.002 / kWh that goes into
decommissioning fund.
Not exact matches
Photos obtained from a whistleblower and published in a Vermont newspaper have renewed calls for stricter oversight of Entergy and its management of the
fund dedicated to
decommissioning the closed Vermont Yankee nuclear reactor.
Under terms of the deal announced Tuesday, the state will transfer the cash from a New York Power Authority trust
fund — set aside to pay for the eventual
decommissioning of the FitzPatrick plant — to Exelon Corp..
Under terms of the deal, the New York Power Authority will transfer the
decommissioning trust
fund and liability for FitzPatrick to Entergy, Cuomo's office said earlier Tuesday.
Under PG&E's proposal, ratepayers would pay a «non-by-passable charge» to make good
decommissioning costs that would have been
funded had Diablo completed a typical 60 - year service life.
It is reported that there is money in kitty for
decommissioning the Wisconsin NPP and it is fully
funded.
«Whenever the government loses a lawsuit, money just magically comes out of the Judgement
Fund,» Rod McCullum, senior director of the Nuclear Energy Institute's (NEI's) Used Fuel and
Decommissioning arm, told POWER in February.
The annual $ 7 billion figure does not include industry freebies like publicly
funded infrastructure for fossil fuel development on our shared land, inadequate financial protections to pay for coal mining cleanup, or
decommissioning costs for offshore drilling.
All nuclear power plants (NPPs) include in the LCOE calculation the payments into a
fund to be used to
decommission the NPP at the end of its useful life; an NRC licensing requirement in the USA.
We counsel clients regarding the financial assurance requirements for
decommissioning liabilities and the management and tax treatment of
decommissioning trust
funds.