Search Results for keywords:"waste burial escalation factors"

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Search Results: keywords:"waste burial escalation factors"

  • Type:Notice
    Citation:86 FR 8049
    Reading Time:about 3 minutes

    The U.S. Nuclear Regulatory Commission (NRC) has released NUREG-1307, Revision 18, which discusses changes in decommissioning waste disposal costs at low-level waste burial facilities. This report updates the formula used by nuclear power reactor licensees to determine the minimum funds required for decommissioning, including adjustments for labor, energy, and waste burial costs. It builds on previous revisions and indicates that decommissioning fund requirements might remain similar or slightly decrease compared to 2019 levels. The report considers public comments received during a comment period that ended in December 2020.

    Simple Explanation

    The Nuclear Regulatory Commission made a new report about the costs of cleaning up after nuclear power plants stop working. This report updates the numbers that power companies need to save to pay for cleaning up, but it doesn't say much about how they calculate these costs or what happens if the companies don't save enough.