Nuclear Plants Dip Into Dismantling Funds to Pay for Waste

With a federal promise to take highly radioactive spent fuel from nuclear plants still unfulfilled, closed reactors are dipping into funds set aside for their eventual dismantling to build waste storage on-site, raising questions about whether there will be enough money when the time comes.
Nuclear Plants Dip Into Dismantling Funds to Pay for Waste
The interior of the proposed Yucca Mountain nuclear waste dump near Mercury, Nev., on April 9, 2015. Federal regulators say a key report about the long-studied national nuclear waste dump in Nevada finds just a small chance that radioactive contamination could get into the environment. Nevada Agency for Nuclear Projects chief Bob Halstead said on Aug. 14, 2015, he’ll challenge the Nuclear Regulatory Commission findings about the proposed Yucca Mountain project on technical and legal grounds. AP Photo/John Locher
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MONTPELIER, Vt.—With a federal promise to take highly radioactive spent fuel from nuclear plants still unfulfilled, closed reactors are dipping into funds set aside for their eventual dismantling to build waste storage on-site, raising questions about whether there will be enough money when the time comes.

It violates Nuclear Regulatory Commission rules for the plants to take money from their decommissioning trust funds to pay for building the concrete pads and rows of concrete and steel casks where waste is stored after it is cooled in special storage pools. But the NRC is granting exemptions from those rules every time it is asked.

“All of the plants that have permanently shut down in recent years have sought, and been approved for, the use of decommissioning funds for spent fuel storage costs,” NRC spokesman Neil Sheehan wrote in an email in response to questions from The Associated Press this past week.

The Vermont Yankee Nuclear Power Station sits along the banks of the Connecticut River in Vernon, Vt., on June 19, 2013. The plant was closed at the end of 2014. Closed nuclear reactors are dipping into funds set aside for their eventual dismantling to build waste storage on-site, raising questions about whether there will be enough money when the time comes. (AP Photo/Toby Talbot)
The Vermont Yankee Nuclear Power Station sits along the banks of the Connecticut River in Vernon, Vt., on June 19, 2013. The plant was closed at the end of 2014. Closed nuclear reactors are dipping into funds set aside for their eventual dismantling to build waste storage on-site, raising questions about whether there will be enough money when the time comes. AP Photo/Toby Talbot