Skip to main content

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's Marv Fertel had to say last month when the fee was finally suspended.



For more details on nuclear waste management, see our website.

Comments

The nuclear waste fund should be used to finance:

1. The building of temporary Federal spent fuel repositories located in every State that produces spent fuel.

2. The building of spent fuel reprocessing plants to gradually introduce reprocessed fuel into current reactors and eventually into next generation thorium reactors.

Treating spent fuel like hazardous waste instead of as a reusable source of clean energy only helps to demonize the commercial nuclear industry, IMO.

Marcel
Joffan said…
A $20 billion fund has power to change things without even spending it. This could be used as assurance to justify widespread low-interest loans for nuclear construction without any fees or claims of subsidy - it's the nuclear industry that is subsidizing the government right now, after all.
Anonymous said…
The waste fee is/was paid by electricity consumers, not "the nuclear industry." That fee is for management and disposal of spent nuclear fuel from commercial power reactors, not development of the nuclear power industry.
Mitch said…
Marcel F. Williams said...>Treating spent fuel like hazardous waste instead of as a reusable source of clean energy only helps to demonize the commercial nuclear industry, IMO.<

Can't be shouted hard enough!
Anonymous said…
NEI is thumping its chest over Harry Reid smirking while you filed suit to stop the collection of financial resources needed to review an active license application, close the fuel cycle and regain waste confidence? Guys, your lawyers are myopic, you've won a lawsuit this is going to lose you the war. It isn't just about resuming NWF contributions (BTW, that is such a shallow analysis that it hurts my head just reading it) because the momentum and critical mass for the entire program has been obliterated. Stopping the contributions was a totally wasted effort. You guys were duped and diverted. The focus should have been on the Mandamus, contempt of the court with some jail time to think about it, no confidence votes in Congress, and investigations of malfeasance in the Senate ML office and White House, and misfeasance in the Jaczko, MacFarlane, Chu and Moniz regiemes.

Popular posts from this blog

Activists' Claims Distort Facts about Advanced Reactor Design

Below is from our rapid response team . Yesterday, regional anti-nuclear organizations asked federal nuclear energy regulators to launch an investigation into what it claims are “newly identified flaws” in Westinghouse’s advanced reactor design, the AP1000. During a teleconference releasing a report on the subject, participants urged the Nuclear Regulatory Commission to suspend license reviews of proposed AP1000 reactors. In its news release, even the groups making these allegations provide conflicting information on its findings. In one instance, the groups cite “dozens of corrosion holes” at reactor vessels and in another says that eight holes have been documented. In all cases, there is another containment mechanism that would provide a barrier to radiation release. Below, we examine why these claims are unwarranted and why the AP1000 design certification process should continue as designated by the NRC. Myth: In the AP1000 reactor design, the gap between the shield bu...

How many nuclear plants does it take to meet the world's energy needs?

Several weeks ago Joshua Pearce at Clarion University in Pennsylvania released a study titled “ Thermodynamic limitations to nuclear energy deployment as a greenhouse gas mitigation technology .” In the study he stated... nuclear energy production would have to increase by 10.5% per year from 2010 to 2050 to both replace fossil-fuel-energy use and meet the future energy demands. This line, of course, made the headlines and has been picked up by several outlets and blogs . When looking into his calculations for this statement, he made one assumption error that overstated the above sentence by nearly a factor of three. Page 121, Section 4.1 of the study states: Richard Smalley pointed out that in 2004, the global economy consumed the equivalent of 220 million barrels of oil per day, which converted into electricity terms is the equivalent of 14.5 TeraWatts (TW), or 14,500,000 MegaWatts (MW) (2005). … With a nuclear plant having about 1000 MW (1 GW) of capacity, we would need 14,500...

What Happens During a Refueling Outage?

You may have noticed over the past few weeks that a number of nuclear plants are shut down for refueling outages or are resuming operations after just returning from one. This type of routine outage usually occurs in the spring or fall when electricity demand is low so that nuclear reactors can replace about one-third of the spent fuel rods with new fuel and conduct other routine maintenance and repairs at the plant. To get a better sense of how refueling works at a nuclear energy facility, I spoke with Marcus Nichol, NEI’s senior project manager for used fuel storage and transportation, and asked him to explain the basics. Why does a nuclear plant need to replace one-third of its fuel? Nichol: The main purpose of a refueling outage is to replace older fuel that is depleted—meaning it can no longer efficiently produce energy from nuclear fission reactions—with new fuel. This “used fuel” has typically been used in the reactor for four-and-a-half to six years before it is pe...