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NARUC's View on Suspension of the Nuclear Waste Fee

Over at our main website, we've just published a Q&A with the National Association of Regulatory Utility Commissioners on what might happen next with the Nuclear Waste Fee . Among the takeaways: As of Dec. 31, 2013, consumers have paid more than $20 billion into fund While fee is no longer being collected, interest accrues on the balance NARUC believes once program "gets back on its feet," collection of the fee would resume The fee totaled about $750 million a year industrywide and, since its inception, more than $20 billion has been paid into the fund by nuclear energy consumers. See map for totals by state: Our readers will recall that the fee was suspended last month after an appellate court ruled last November that in light of the department’s termination of the Yucca Mountain repository program, DOE could not continue to collect the surcharge of one-tenth of a cent per kilowatt-hour on consumers of nuclear-generated electricity. Here's what NEI...

Press Release: NEI Welcomes Federal Court’s Denial of DOE’s Waste Fee Appeal

Ellen Ginsberg The Nuclear Energy Institute today issued the following statement from Vice President and General Counsel Ellen Ginsberg after the U.S. Court of Appeals for the D.C. Circuit denied the Department of Energy ’s request that the original panel and the entire court review the November 2013 decision in NARUC v. DOE . In that decision, the D.C. Circuit held that the department could not continue to collect the one-tenth of a cent per kilowatt-hour surcharge to pay for used nuclear fuel management . In the lawsuit, NEI and National Association of Regulatory Utility Commissioners asserted that DOE’s termination of the Yucca Mountain repository program and the absence of a congressionally approved alternative to Yucca Mountain prevented DOE from determining whether an appropriate fee was being collected because there is no program to be evaluated. In a unanimous decision, D.C. Circuit Senior Judge Silberman wrote that, “Because the Secretary is apparently unable to c...

Think You’ve Got Game? Try NARUC’s Energy Risk Lab

The following guest post was written by Mary Pietrzyk, NEI’s  Manager, Fuel Cycle Policies and Programs. I had the opportunity recently to participate in a thought provoking and action packed event in Washington, DC— NARUC’s Energy Risk Lab .  NARUC , the National Association of Regulatory Utility Commissioners, is the national association representing public utility commissioners from each state.  NARUC is a valuable resource for Commissioners around the country and provides fora for dialogue among diverse entities in the public utility industry. NARUC’s Energy Risk Lab, generously supported by the U.S. Department of Energy , is a scenario-planning game that looks at decisions and uncertainty facing the U.S. electricity generation sector.  NARUC staff, using natural disaster related emergency tabletop exercises as a foundation, developed this game, along with others, to explore the impacts of new policy, market, or technology developments on electricity g...

A Waste of a Good Nuclear Waste Act

As you may have heard, DOE is attempting to withdraw the license application for the Yucca Mountain used nuclear fuel repository from consideration by the NRC. This was a decision that remains controversial and may get a further hearing in the next Congress. Regardless, Yucca Mountain continues its retirement. Yet it is still being paid for via the Nuclear Waste Fund , described as: [A] 1 mill (one-tenth of a cent) fee for every kWh of nuclear-generated electricity sold. Congress established the fee and Nuclear Waste Fund, a federal trust, in 1982 to bankroll the DOE repository program. That may not sound like a lot, but it comes to about $750 million per year and has contributed to a fund that now stands at $25 billion. While one could say that the utilities are paying this. it is actually ratepayers that are doing so. The Nuclear Waste Act of 1982 set Yucca Mountain as the used fuel repository (through an amendment in 1987) and set the initial fee for the Nuclear Waste F...