Search results
Results From The WOW.Com Content Network
The costs of decommissioning are to be covered by funds that are provided for in a decommissioning plan, which is part of the facility's initial authorization, before the start of the operations. In this way, it is ensured that there will be sufficient money to pay for the eventual decommissioning of the facility.
Since it costs around $500 million or more to shut down and decommission a plant, the NRC requires plant owners to set aside money when the plant is still operating to pay for the future shutdown costs. [63] Decommissioning a reactor that has undergone a meltdown is inevitably more difficult and expensive.
However, in 2006, the NDA reported that the cost of cleaning up existing waste was higher than previously thought, and gave a new estimated decommissioning cost of about £72 billion over a 100-year period. [17] In 2008, estimated decommissioning costs increased to £73.6 billion, or after taking account of discount rates, £44.1 billion. [18]
Decommissioning costs of power plants are usually not included (nuclear power plants in the United States is an exception, because the cost of decommissioning is included in the price of electricity per the Nuclear Waste Policy Act), is therefore not full cost accounting. These types of items can be explicitly added as necessary depending on ...
The total cost of the Hanford Engineer Works up to that time was $348,101,240 (equivalent to $5,438,933,368 in 2023). [89] ... Decommissioning D Reactor.
The North Sea Transition Authority says the industry has been able to cut £15 billion from the bill since 2017.
Decommissioning of the Los Angeles boats began in 1995 with Baton Rouge. Additionally, a handful of nuclear-powered cruisers have entered the program, and their dismantling is ongoing. The first aircraft carrier due for decommissioning that would enter the SRP is planned to be Enterprise, which was withdrawn in 2013.
The total cost of decommissioning magnox activities is likely to exceed £20 billion, averaging about £2 billion per productive reactor site. Calder Hall was opened in 1956 as the world's first commercial nuclear power station, and is a significant part of the UK's industrial heritage.