Money Related Decommissioning and Funding Decision Making
- Detroit Edison Company, 6400 N. Dixie Highway, Newport, Michigan 48162 (United States)
'Money makes the world go round', as the song says. It definitely influences decommissioning decision-making and financial assurance for future decommissioning. This paper will address two money-related decommissioning topics. The first is the evaluation of whether to continue or to halt decommissioning activities at Fermi 1. The second is maintaining adequacy of financial assurance for future decommissioning of operating plants. Decommissioning costs considerable money and costs are often higher than originally estimated. If costs increase significantly and decommissioning is not well funded, decommissioning activities may be deferred. Several decommissioning projects have been deferred when decision-makers determined future spending is preferable than current spending, or when costs have risen significantly. Decommissioning activity timing is being reevaluated for the Fermi 1 project. Assumptions for waste cost-escalation significantly impact the decision being made this year on the Fermi 1 decommissioning project. They also have a major impact on the estimated costs for decommissioning currently operating plants. Adequately funding full decommissioning during plant operation will ensure that the users who receive the benefit pay the full price of the nuclear-generated electricity. Funding throughout operation also will better ensure that money is available following shutdown to allow decommissioning to be conducted without need for additional funds.
- Research Organization:
- American Nuclear Society, 555 North Kensington Avenue, La Grange Park, Illinois 60526 (United States)
- OSTI ID:
- 21144159
- Resource Relation:
- Conference: DD and R 2007: ANS Topical Meeting on Decommissioning, Decontamination, and Reutilization 2007, Chattanooga, TN (United States), 16-19 Sep 2007; Other Information: Country of input: France; Related Information: In: Proceedings of the 2007 ANS Topical Meeting on Decommissioning, Decontamination, and Reutilization - DD and R 2007, 336 pages.
- Country of Publication:
- United States
- Language:
- English
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