Utility financial stability and the availability of funds for decommissioning: An analysis of internal and external funding

Technical Report · Wed Jun 01 04:00:00 EDT 1988

OSTI ID:7013723

Siegel, J J

The NRC is currently developing final rules in the area of decommissioning nuclear facilities. A part of that rulemaking effort is assuring that funds will be available at the time of decommissioning of power reactors. This report provides an update by considering public comments received on the NRC's proposed rule on decommissioning (published February, 1985) and by analyzing the relative level of assurance of internal and external reserves. In its analysis, the report makes use of specific case utility financial situations. The report concludes that from a financial standpoint, with the exception of PSNH, internal reserves currently provide sufficient assurance of funds for decommissioning. The report also concludes that the NRC should recommend changes in bankruptcy laws, including decommissioning obligations in utility prospectuses, and conduct periodic financial reviews of nuclear utilities due to changing economic conditions.

• Research Organization: Nuclear Regulatory Commission, Washington, DC (USA). Div. of Engineering
• OSTI ID: 7013723
• Report Number(s): NUREG/CR-3899-Suppl.1; ON: TI88012897
• Country of Publication: United States
• Language: English

Related Subjects

21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS
210800* -- Nuclear Power Plants-- Economics
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
DATA
DECOMMISSIONING
ECONOMICS
FINANCIAL DATA
FINANCING
INFORMATION
NATIONAL ORGANIZATIONS
REACTOR DECOMMISSIONING
RECOMMENDATIONS
REGULATIONS
US NRC
US ORGANIZATIONS