Management and Disposal of High-Level Nuclear Waste slide image

Management and Disposal of High-Level Nuclear Waste

What funding is available for storage or disposal of nuclear waste? The NWPA established a Nuclear Waste Fund composed of fees levied against nuclear- electric utilities to pay for the costs of constructing and operating a permanent repository. This fund has grown to $43 billion (FY 2017). The Act authorizes a schedule of financial benefits which states are entitled to if hosting a DOE-operated interim storage facility, or MRS. These include: $5 million a year during startup and construction $10 million a year once wastes are accepted States are required to transfer no less than 1/3 of the financial benefits to local governments. There is no federally authorized direct payment to states for non-DOE storage facilities, such as privately owned or state-owned facilities. The NWPA also provides funding and technical assistance for training public safety officials to states and tribes whose jurisdictions would be traversed by shipments of spent fuel to a storage or disposal facility. These funds are only for the DOE facilities. 4
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