Platts: US GAO ranks cost of spent fuel options - 0 views
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Energy Net on 07 Dec 09Storing spent nuclear fuel at reactor sites and eventually depositing the waste in a geologic repository is likely to be the most expensive of several options available for addressing the US' atomic waste problem, the Government Accountability Office said in a report evaluating different storage and repository options. Nevada senators Harry Reid, a Democrat, and John Ensign, a Republican, requested the GAO report on nuclear waste management in addition to Senator Barbara Boxer, a California Democrat. The report evaluates the Department of Energy's nuclear waste management program and other possible approaches to storing spent nuclear fuel in the long term. It evaluates the attributes, challenges and cost of the Yucca Mountain waste repository program in Nevada, which President Barack Obama's administration is terminating, and alternative waste management approaches. The Obama administration plans to establish a commission to evaluate the alternatives to Yucca Mountain, which is roughly 95 miles outside Las Vegas. GAO does not make a final recommendation in the report but does call on federal agencies, industry and policymakers to consider a "complementary and parallel" strategy of interim and long-term disposal options. Such a route "would allow [the government] time to work with local communities and to pursue research and development efforts in key areas," GAO said in the report. GAO estimates that developing Yucca Mountain to dispose of 153,000 metric tons of spent nuclear fuel would cost $41 billion to $67 billion in 2009 present value over a 143-year period until the repository is closed. The US is expected to generate 153,000 metric tons of nuclear waste by 2055, GAO said.
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Energy Net on 07 Dec 09Storing spent nuclear fuel at reactor sites and eventually depositing the waste in a geologic repository is likely to be the most expensive of several options available for addressing the US' atomic waste problem, the Government Accountability Office said in a report evaluating different storage and repository options. Nevada senators Harry Reid, a Democrat, and John Ensign, a Republican, requested the GAO report on nuclear waste management in addition to Senator Barbara Boxer, a California Democrat. The report evaluates the Department of Energy's nuclear waste management program and other possible approaches to storing spent nuclear fuel in the long term. It evaluates the attributes, challenges and cost of the Yucca Mountain waste repository program in Nevada, which President Barack Obama's administration is terminating, and alternative waste management approaches. The Obama administration plans to establish a commission to evaluate the alternatives to Yucca Mountain, which is roughly 95 miles outside Las Vegas. GAO does not make a final recommendation in the report but does call on federal agencies, industry and policymakers to consider a "complementary and parallel" strategy of interim and long-term disposal options. Such a route "would allow [the government] time to work with local communities and to pursue research and development efforts in key areas," GAO said in the report. GAO estimates that developing Yucca Mountain to dispose of 153,000 metric tons of spent nuclear fuel would cost $41 billion to $67 billion in 2009 present value over a 143-year period until the repository is closed. The US is expected to generate 153,000 metric tons of nuclear waste by 2055, GAO said.