As Nuclear Reactors Age, Funds to Close Them Lag –

22 Mar

Shutting down nuclear plants is very expensive, even more expensive than building them in the first place. It’s not a simple matter of turning off the switch. You do that, and then you have to dismantle the plant and haul the nuclear waste away. Once you’ve done that, the land can be returned to productive use. If you don’t properly dismantle, then the land is useless and the radioactive waste is still dangerous.

In effect, these plants are Too Big To Be Turned Off. And they’re Too Dangerous to Operate. Seems to me we’re living Too Big to Be Responsible.

Entergy is at least $90 million short of the projected $560 million cost of dismantling Vermont Yankee; the company is at least $500 million short of the $1.5 billion estimated cost of dismantling Indian Point 2 and 3.

The shortfall raises the possibility that Vermont could tend one sleeping reactor for decades while New York oversees three; Unit 1 , another reactor at Indian Point, shut down in 1974 and has yet to be dismantled.

Even the Nuclear Regulatory Commission’s chairman is uneasy about the prospect of a 60-year wait.

“These facilities should be cleaned up, and their footprints reduced as much as possible so that these areas can be returned to other productive uses within the community,” the chairman, Gregory B. Jaczko, said recently.

Gil C. Quiniones, the president and chief executive of the New York Power Authority, a state utility that sold Indian Point 3 to Entergy in 2000, called Entergy’s failure to plan for or finance the decommissioning of Indian Point in real time “stunningly irresponsible.”

via As Nuclear Reactors Age, Funds to Close Them Lag –


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