It’s been evident for a while that Yucca Mountain was history after it was announced that it’s funding was eliminated by President Obama. ENR is reporting that the USDOE is officially withdrawing its Nuclear Regulatory Commission application for a waste-storage facility although it sounds like they are a little unsure about how to do that. Reportedly, more than $38 billion has been spend on research and construction at the site over the last couple decades. According to ENR, the temporary storage costs of storing spent nuclear fuel could reach $10 to $26 billion in the next 100 years if a permanent storage site is not found. It looks like we will be dealing with indefinite “temporary” storage of nuclear waste for probably our lifetime.
More problems for the US Department of Energy related to the Yucca Mountain Nuclear Waste Repository. The New York Times is reporting that the DOE is already 10 years behind in a commitment made to Power Companies to store their nuclear waste, and according to the DOE, it will likely be at least another 10 years before they are able to begin accepting waste for permanent storage. Who cares you ask? Well, the US has already payed out $342 million in 60 lawsuits filed by utility companies, and that total could reach $11 billion according to government estimates or $35 billion according to industry estimates before Yucca Mountain finaly opens and begins accepting waste. Source: New York Times by way of Ontario-geofish.
US Nuclear Regulatory Commission – No. 08-106 – June 3, 2008
NRC RECEIVES DOEâ€™S LICENSE APPLICATION TO CONSTRUCT HIGH-LEVEL NUCLEAR WASTE REPOSITORY AT YUCCA MOUNTAIN
The Nuclear Regulatory Commission received an application today from the U.S. Department of Energy for a license to construct the nationâ€™s first geologic repository for high-level nuclear waste at Yucca Mountain, Nev.
â€œWe are ready to get to work on this challenging review,â€ said NRC Chairman Dale E. Klein. â€œCongress has given the NRC a strict timetable for reviewing this application, and I want to assure the American people that we will perform an independent, rigorous and thorough examination to determine whether the repository can safely house the nationâ€™s high-level waste. The NRCâ€™s licensing decision will be based entirely on the technical merits.â€ [Editor] Read on for the rest of the press release [/Editor]