Title: Financing and economics of nuclear facility decommissioning
Abstract: This chapter deals with financial aspects of decommissioning, including how the concept of funding for decommissioning sprang from the premature shutdown of early reactors constructed to learn and test nuclear power production methods. The industry focus had been on production, waste management and disposal were deferred. Because decommissioning costs proved far greater than expected, government agencies soon realized that the long-range liabilities of decommissioning were a significant risk and their response in requiring established funding mechanisms is examined. The ensuing international peer groups, studies, reports, and regulations slowly developed methods to predict liabilities and regulate funding without depending on owner/licensee financial resources. The industry's collective efforts, which resulted in today's more stable funding principles, practices, and processes, are described.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
Access and Citation
Cited By Count: 11
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