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by acidburnNSA 1462 days ago
> not viable if you include the total life cycle cost of the system (i.e. nuclear waste storage and dismantling the asset.

On the contrary! Nuclear plants pay a fraction of their revenue through their life into special decommissioning funds that have so far been more than enough to perform full greenfield decommissioning.

For waste, there's a separate fund called the Nuclear Waste Fund in the US (and other nuclear-operating countries) that has a current balance around $50B.

https://sgp.fas.org/crs/misc/RL33461.pdf

2 comments

Sorry should have been more clear. True cost of permanent waste disposal. They cant find anywhere to put it so while 50B sounds nice it doesn't have a home and the lifetime cost of operating a facility is probably significant higher (if they can find one).

Read: problem not resolved.

It's being done in Finland and Sweden [1] just fine, and for reasonable cost. NIMBY is a big problem but once we figure out how to solve that in the USA like Finland did, then it is basically a solved problem.

[1] https://www.posiva.fi/en/index.html

How much nuclear waste does Sweden and Finland produce? For scale purposes their population isn't larger than the metropolitan area of Los Angeles.

I think the scale of the issue is significantly larger in the US.

Yucca isn't viable politically and there isn't anyone who lives close by.

US nukes are, in fact, not paying into any waste fund. Operators are actually being paid out of the previous balance from the previous waste fund.

Legal shenanigans. They got a court decision declaring the waste fund as a lie because there is no viable plan for waste.