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As
the nuclear power industry in America approaches forty a number
of issues face it now and over the next few years. The oldest of
our current fleet of nuclear plants are nearing the ends of their
original license periods and their owners must decide between license
renewal, decommissioning, and sale of their plants. The utility
industry as a whole is changing due to restructuring, the Kyoto
Protocol, slow domestic demand growth and the consolidation of generation.
In this chapter we will cover these issues.
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Renewal |
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The
length of operating licenses granted to U.S. nuclear plants was
based upon a provision in the Atomic Energy Act of 1954. In determining
the appropriate time period the Joint Committee on Atomic Energy
balanced the recommendations of the Justice Department who were
concerned that too long a period would produce monopolies, and the
Industry who were concerned that the period would be too short for
amortization of their investments. Justice suggested 25 years and
Industry suggested 40-59 years. A compromise was arrived at and
the licensing period was set at 40 years. No technical considerations
entered into the decision since there had been such limited operating
experience, and none with power reactors at that point. In 1979
the first Industry sponsored study of license renewal was released
which concluded that the costs associated with renewal compared
favorably with new plant construction. A 1982 study by the same
group, the Electric Power Research Institute, established that considering
the cost of replacing components vs. the cost of new construction,
renewal of licenses represented a viable option financially. The
actual cost comparison would have to be done on a plant by plant
basis, and take into account a number of factors including the projected
power demand, the condition and operating history of the plant,
and the financial situation of the utility.
During
the mid 1980s the NRC began to consider its position on license
renewal and initiated study on the subject. By April of 1986 the
NRC had framed a draft proposal and presented it for public comment.
A number of issues would require resolution in order to begin renewing
licenses, for instance-how long a period should the renewal be for,
what level of safety equipment should be required and what were
the technical ramifications of license extension? Predictably, industry
wanted minimal upgrades in equipment and a streamlined approach
to the renewal process; antinuclear groups wanted no license extensions
at all or requirements to retrofit plants to meet current requirements.
Industry spokesperson, Jack Ferguson stated that “the key to the
decision to pursue the life extension option will be cost, and the
key to cost will be the complexity of the regulatory process. Many
owners are likely to conclude that they cannot afford to pursue
life extension unless NRC has established ahead of time a clear,
practical, and predictable policy and regulatory framework”.
In
order for NRC to proceed toward that goal they required the resolution
of legal issues regarding extensions. In January of 1989, NRC’s
General Counsel issued his opinions regarding these issues, namely
that the extension be accomplished via a new license rather than
an amendment of the current license and that an environmental assessment
would be required with either a finding of ‘no significant impact’
or an environmental impact statement. Office of General Counsel
(OGC) stated that based upon their review of case law and regulations,
an antitrust review would not be required. NRC staff reached certain
conclusions based upon OGC’s input and the opinions offered by other
interested groups, among these, that the current licensing basis
would “provide reasonable assurance of adequate protection” of the
public. They determined that NRC should draft a generic environmental
impact statement to be used in all renewal cases. The environmental
issues were to be covered under 10 CFR Pt. 51 and the technical
issues under 109 CFR Pt. 54. Staff proposed that applications for
renewal be filed at least 5 years prior to the expiration date of
the current license but not more than 20 years before, and that
the maximum extension period be 20 years. Final rules were issued
in December of 1991 to cover the technical aspects. Revisions were
made in 1994 to clarify several points and establish a process for
application.
License
renewal applications are submitted to the NRC after the licensee
has examined their plant for aging effects and determined to their
own satisfaction that these can be addressed adequately to warrant
extension of the plants operating license. The application is prepared
and includes the method and results of this examination as well
as general information and technical information to comply with
10 CFR Part 54. The licensee must demonstrate the steps they will
take to mitigate the aging effects particular to their facility
in sufficient detail that the NRC staff can determine whether the
steps to be taken are adequate to prevent undue risk to the public.
A safety review is performed based upon the application information,
and additional information is requested if necessary to enable the
NRC to reach a conclusion regarding the potential for safe operation
during the extension. The information provided by the licensee must
include: Integrated Plant Assessment, Current License Basis, Time-Limited
Aging Analyses, Final Safety Analysis Report and Technical Specifications.
In addition, an Environmental Review is required to determine the
impact of license extension on the environment in accordance with
the National Environmental Policy Act as well as 10 CFR Part 51.
A Generic Environmental Impact Statement for License Renewal of
Nuclear Plants (GEIS) is used which examines issues common to any
License Renewal and includes site-specific information relevant
to the particular plant as identified in the original Environmental
Impact Statement filed when the plant was initially licensed. The
NRC plans to take 30-36 months to review each License Renewal Application,
but it may well take longer than that. They must review the Application,
the Technical supplements, the GEIS as well as inspect the plant
to determine if it meets the requirements for renewal and verify
that the Licensee has in fact implemented the mitigation plan they
describe in their application. In addition, there are several opportunities
for public comment in the renewal process and the NRC may request
additional information from the Licensee.
The
NRC has estimated that the preparation of a license renewal application
requires over 200 person years over a period of 3-5 years at a cost
of $30 million. Industry estimates of the cost are less at $10 million
under the new license renewal rules, but under the original rules
estimates were higher, $40 million. In an attempt to save money
several owners groups are working on preparation of license renewal
documents that will be generic to all plants designed and built
by the same firm. Babcock and Wilcox, General Electric, and Westinghouse
are each developing technical reports on common systems and components.
This will allow Utilities to reference the reports applicable to
their plants design when submitting their renewal applications.
In order to be granted a license extension the licensee must demonstrate
that the aging effects specific to their plant can be managed adequately.
In some cases this is either not possible or the cost of demonstrating
to the NRCs satisfaction is prohibitive. For example, Yankee Rowe
a 185 MW PWR operated for 30 years and its owners began the process
of license renewal. During its examination of the plant and the
application the NRC raised questions concerning reactor pressure
vessel embrittlement. To satisfy these questions the licensee estimated
would cost at least $23 million, and that would not guaranty NRC
approval since no agreement had been reached as to what would constitute
a demonstration of adequacy. The decision was made to retire the
plant rather than attempt to meet the requirements set by the NRC.
The
demand for license renewal anticipated by Industry has not occurred.
Only two Applications for License Renewal are currently being considered,
Calvert Cliffs Units 1 and 2, and Oconee Nuclear Station Units 1,2
and 3. Baltimore Gas and Electric, owner of Calvert Cliffs, submitted
an Integrated Plant Assessment methodology in August of 1995 which
NRC examined and approved in April 1996. BGE submitted additional
technical documentation in 1997 and submitted the actual application
in April of 1998. A decision on the application is not expected
until May of 2000. Duke Power Company, owner of Oconee, submitted
preliminary documents in March 1997 for NRC comment and filed their
application in July of 1998. A decision on the application is not
expected until August of 2000. An additional ten sites have indicated
that they will file for License Renewal between December of 1999
and December of 2003. For a variety of financial reasons, most utilities
have decided to close plants rather then apply for license renewal.
This may change as large numbers of licenses begin to run out in
the early years of the 21st century. In 1996 53 reactors
were 20 years old or more, by 2000 61 will be. This represents 56%
of the licensed plants in the U.S. The final revision of the technical
issues rulemaking were resolved and it became final on June 7, 1995.
The final version of the environmental rules were made final September
5, 1996. All of the currently operating plants licenses will have
expired by 2035, it remains to be seen how many of these will apply
for license renewal.
Note:
For a current list of those that have received or applied for extentions,
and those that are expected to, see Renewals.
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Deregulation
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It
is expected that the deregulation of the electric utilities will
put additional economic pressure on utilities that own nuclear power
plants to divest themselves of plants that can’t compete on price.
In the 1998 Annual Survey conducted by Washington International
Energy Group of utility CEOs and Managers it was found that “only
42% of the respondents believe that nuclear power plants can compete
in a price conscious market while less than half believe that most
nuclear plants will remain in operation through their initial license
term [and] virtually twice as many respondents (39%) as last year
(20%) believe that a large number of nuclear plants will be shut
down in the next five years”. Studies have been made of the existing
nuclear plants to attempt to determine which plants are likely to
be closed early and which are likely to remain open. One conducted
by the Edison Electric Institute identified 42 nuclear plants that
are not competitive. This study compared the operation and maintenance
costs to the price of replacement power over a three year period
from 1994-1996. The study was released by the Critical Mass Energy
Project of Public Citizen in 1998. Jim Riccio of Public Citizen
concluded “Even if nuclear utilities can bring operation and maintenance
costs under control, the combination of cheap replacement power
and the rapid aging of reactors will likely doom many of these nuclear
plants long before the expiration of their licenses”. In another
study conducted by Synapse Energy Economics of Cambridge, Massachusetts,
authors Bruce Biewold and David White found that as many as 90 of
the plants now operating could be forced to close under deregulation,
potentially creating an unfounded liability for decommissioning
of up to $15.3 billion and for spent fuel storage of $46.5 billion.
The
restructuring of the electric supply system in the United States
from a system of vertically integrated monopolies to a competitive
market system is being conducted on a state by state basis. 23 states
have begun implementation of free market policies to their retail
electric markets. These states include: Arizona, Arkansas, California,
Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts,
Michigan, Montana, Nevada, New Hampshire, New Jersey, New Mexico,
New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Texas,
and Virginia. Vermont has yet to implement their retail competition
plan, but has begun the process. The effects of this competitive
market upon nuclear power is yet to be fully revealed, however,
the issue of stranded costs has arisen. Stranded costs are capitol
costs, including depreciation and return on investment, incurred
by the electric utility for a generating plant that can not be recovered
in a competitive market because the market price for electricity
is lower than total operating cost. Many of these investments were
made by utilities when they believed that demand would be substantially
higher for electricity in the 1980s and 1990s than it was in the
actual event. Nuclear plants, with their higher initial capital
requirements, have in many cases been unable to recover the utilities
investment due to the lower demand for electricity that projected.
In addition, the cost of coal and particularly natural gas has been
substantially lower than projected when the nuclear facilities were
built, resulting in an abundance of low cost electricity generated
from these less expensive sources. Shareholders of utilities want
to be reimbursed in some way for these investments in generating
capacity that they will be unable to recover without a future, captive
ratepayer base.
There
are a number of options for dealing with stranded costs, most of
them not particularly attractive to one or another of the interested
parties. The utility could write off the capital costs, but shareholders
object to taking the loss on their investment. The loss could be
minimized by improving the efficiency of the plant in question,
but this option may not recoup the investment fully and is not favored
by utilities since it requires additional investment in plants that
they seek to unburden themselves of. The costs could be distributed
among residential utility customers who would not be allowed to
choose power suppliers until sometime after commercial and industrial
customers, but residential customers object to bearing the cost
of generating facilities that were built to serve all customers.
The costs could be recovered by delaying the transition to retail
competition to allow more time for capital recovery, but large electric
users are anxious to reap the benefits of competition and don’t
care to wait. The final option is to redistribute some of the stranded
costs to the public sector by nationalizing of particularly uneconomic
assets, but why should the taxpayer be required to bail out shareholders
for the poor financial decisions of utility management. On the other
hand, the mirror image of stranded costs is windfall profits from
low cost, efficient plants that will provide the utilities with
an edge in the new competitive atmosphere, no utility wants to forfeit
any of these ‘stranded benefits’ to balance their ‘stranded costs’.
Many see the stranded cost issue as a means for the utilities to
divest themselves of nuclear plants and uneconomic generating facilities
in order to streamline themselves and compete more profitably in
the new environment. They could recoup their investments in generation
facilities that they have been unable to previously in spite of
the fact that allowances were made for their generating costs by
the States PUCs in setting their rate structure. The amount of stranded
costs for utilities in the United States approaches $130 billion
to $550 billion according to Moodys and ICF Kaiser.
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Aging
Degradation of Nuclear Facilities |
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As
in any other industrial plant, nuclear plants consist of an assemblage
of parts which are subject to wear and tear. Over the course of
time these parts age and eventually wear out. Many smaller parts
are intended to be replaced once or several times in the lifetime
of the plant. Some larger parts may also have to be replaced in
order for the plant to operate for its full lifetime, but others
are intended to last and not be replaced. These must all be inspected
for signs of aging degradation. A number of environmental factors
within the plant tend to degrade the structures and components,
including: radiation, high heat, high pressure, steam, water and
reactive chemicals. These factors produce a variety of changes within
the material; the metal, concrete, electric cables as well as others;
that make up the plant. Changes in dimension, ductility, fatigue
capacity, and mechanical or dielectric strength. Physical and chemical
processes add to aging degradation of the systems, structures and
components (SSCs) such as corrosion, fatigue, embrittlement, fabrication
defects, vibration, water hammer, and wear.
Corrosion
occurs in piping, steam generator components, nearly all the plant
as a result of contact with steam, water and chemicals. Wastage,
stress corrosion, erosion and intergranular attack are all forms
of corrosion that occur. Parts must be inspected regularly, replaced
when necessary and the water treated to manage the chemistry in
order to mitigate the effects of corrosion. Cyclic mechanical or
thermal loads result in fatigue of materials, particularly metal,
pressure vessel components, piping, valves and other parts. Materials
have a fixed number of cycles of strain they can bear before they
begin to crack and fail. Regular inspection and careful initial
choice of materials can help mitigate the process of fatigue but
it cannot be eliminated. Casting and forming defects and weld related
defects amplify the effects of corrosion and fatigue cracking. Embrittlement
is decreased ductility as a result of prolonged exposure to heat
and radiation. Neutron bombardment produces changes in metal that
tend to make it less flexible and more susceptible to cracking.
Dosimetry to determine levels of neutron bombardment as well as
inspection can help to identify embrittlement.
Embrittlement
particularly effects the reactor pressure vessel (RPV) and the presence
of trace amounts of copper or nickel in the welds or materials used
to construct the RPV leads to more rapid embrittlement. It results
in a reduction of fracture toughness and is greater for PWRs than
BWRs. It is due to the nucleus of the metals atoms being stuck by
neutrons that are emitted in the process of the nuclear chain reaction
which alters the metals crystalline structure making it more brittle
and harder. The vessel beltline which is closest to the fuel is
more severely affected. It is possible to design the core so that
fewer neutrons reach the vessel wall, this is termed a ‘low leakage’
core design. Many licensees have opted for this configuration to
reduce embrittlement. The RPV is intended to last for the full operating
life of the plant, potentially 60 years, without replacement and
minimizing embrittlement is important. Reactor vessel steel is more
ductile and less susceptible to crack growth at higher temperature.
Transition temperature is a term used to describe the point below
which the steel may crack. The transition temperature for a particular
RVP gradually increases over its lifetime. The NRC has been particularly
concerned about RPV embrittlement because of the possibility of
pressurized thermal shock (PTS) in PWRs if the emergency core cooling
system (ECCS) activates while the vessel is still pressurized under
accident conditions. The input of cold water to the hot, pressurized,
RPV combined with embrittlement could crack the RPV due to the large
thermal stresses. This cannot occur in a BWR since the input of
cold water via the ECCS to a BWR vessel would automatically reduce
the pressure by condensing the steam inside the vessel. The NRC
has established criteria for the increase in transition temperature
and the decrease in “upper shelf energy’ or “the ability of the
metal to resist cracking at temperatures significantly greater than
the transition temperature”.
When
the RPV is placed into service samples of the steel from which it
is made are placed inside it between the fuel and the vessel wall.
. Licensees monitor RPVs for embrittlement by checking one of these
samples regularly on a predetermined schedule. The NRC requires
that the licensee report to them three years before the RPV is estimated
to reach the NRCs specified screening level for embrittlement. It
is possible to correct RPV embrittlement by using a process called
in-place dry thermal annealing. In this process the empty RPV is
heated to 800°-900°F and held there long enough to allow
the molecules in the metal to migrate to and fill the defects produced
by neutron bombardment. 80-90% of the steels original ductility
can be restored using this method. The procedure has been used with
success on a number of Navy vessels and has been tested successfully
on a RPV of commercial power producing size although, to date, no
commercial power plant has used the method. The NRC has developed
a rule regarding annealing (10 CFR, Part 50.66 December 1995) which
outlines the requirements for licensees who wish to utilize the
process.
Steam
generators are used in all PWRs and have between 4,000-15,000 tubes
¾ inch in diameter through which the primary coolant water flows.
Inside the steam generator the primary water transfers its heat
to the secondary loop water to produce steam to turn the turbines.
The tubes are susceptible to primary water stress corrosion cracking
which results from the interaction of three factors, the material
must be susceptible, there must be high tensile stress, and the
environment must be corrosive. The material used to fabricate many
steam generators, Alloy 600, has turned out to be particularly susceptible
to primary water stress corrosion cracking. Steam generators operate
at high pressures which places high tensile stress on the tube walls,
stretching them. The water in the primary coolant loop often is
borated which makes it acidic and corrosive. In addition, metal
fatigue and high temperatures play a part in steam generator tube
cracking and thinning. Tubes must be inspected for corrosion, denting,
thinning, and cracks on a regular basis using a method known as
eddy current testing. To perform this test a probe is inserted in
the tubes one at a time and pulled through. The probe has electromagnetic
coils which detect the change in conductivity which results from
damage to the tubes. Another method of testing utilizes a robot
such as the Combined Inspection and Lancing (CECIL) device developed
by Consolidated Edison and EPRI to visually inspect the tubes with
a miniature video camera. If problems are found the tube can be
sealed off at both ends using plugs or a metal sleeve can be inserted
to reinforce the damaged portion. Plants can operate with a percentage
of the steam generator tubes plugged, the percentage depends upon
the plants design. If the damage becomes widespread enough to affect
operation the steam generator(s) may have to be replaced which is
a major operation and quite expensive. Steam generators can be 70
feet high and weigh as much as 800 tons. Due to contact with the
primary coolant they are radioactively contaminated. Costs for replacement
of a steam generator can be $100-200 million and each plant has
at least two of them.
Boiling
water reactor internal components are also subject to aging degradation.
Many are fabricated from stainless steel and other alloys which
are susceptible to stress corrosion cracking. The core shroud is
one such component, its purpose is to direct cooling water and provide
channels for control rod insertion. It is 14-17 feet in diameter,
20 feet high, and 1 ½ to 2 inches thick. Core shrouds are fabricated
by welding forged plates together and these welds can be affected
by cracking as the reactor ages. In addition, the plates themselves
can crack. It is possible for the reactor to operate normally with
cracks in the core shroud, the problems would arise only if the
crack goes through the entire thickness and extends all the way
around the shroud. If significant cracking occurs it can be repaired
by installing tie rods. To this point tie rods have been installed
at Hatch 1, FitzPatrick, Nine Mile Point, Pilgrim, Quad Cities 2,
Hatch 2, Dresden 2, and Quad Cities 1.
The
practices necessary to deal with the effects of aging on nuclear
power plants start with the design and materials of the plant and
also include maintenance and testing. Design is an important first
step. SSCs must be designed with sufficient care that their useful
lifetimes will be adequate to the expected lifetime of the plant.
Margins in expected load cycles must be calculated to allow for
the part to last through the number of expected cycles the plant
will experience. When the current fleet of nuclear plants were designed
and built not enough was known about the life expectancy of the
plant, or the behavior of the materials to produce a level of confidence.
Plants were intentionally over designed with additional margins
to allow for unknown effects of operation. In the past two decades
as more experience has been gained in operation of existing plants
it has become possible to determine which designs were in fact conservative
and which were not conservative enough. Predictive methods have
become more accurate enabling owners and operators to make changes
in the operating plants in order to ensure adequacy of performance.
Testing, inspection and fabrication techniques have become better
which allows operators to better determine the remaining life of
pipes, valves and other parts. Minimum requirements have been established
for materials, design, fabrication, testing, inspection and certification.
Hardware or procedural modifications have been made in light of
research and operating experience.
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Decommissioning
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The
useful lifetime of a nuclear power plant is around 20-25 years in
actual practice. The NRC limits licensing of commercial power plants
to 40 years with up to a 20 year extension, but “primarily because
of the radiation induced within their originally non-radioactive
components, reactors and other major nuclear facilities may become
dangerous to operate-or even approach-long before they show signs
of physical deterioration”. The Atomic Industrial Forum estimated
that the decommissioning of a 1,150MW plant would result in 594,000ft3
of waste. The DOE projects the total wastes generated from the shutdown
of a LWR to be decommissioned between 1993-2030 to be: Class A LLW
1,528,434m3; Class B LLW 22,410m3; Class C
LLW 2,424m3; GTCC 1,237m3. The figure for
GTCC may appear to be a small volume, but it represents 50,053,764Ci
of radioactivity which is a huge amount. The U.S. experience with
decommissioning nuclear power plants includes a wide range of facilities
from small demonstration project reactors like the 22MW Elk River
Power Station to full size electric power generating reactors like
the 1130MW Trojan Unit 1. 28 civilian reactors had been shut down
as of December 31, 1992, the total of all reactors that have been
shutdown of all kinds is 70, 40 of these were research reactors
of comparatively small size. The majority of power reactors that
have been shutdown have been closed prematurely, before their operating
licenses ran out. There are a variety of reasons; operation not
economically feasible, persistent mechanical problems, changing
safety standards that would be prohibitively expensive to meet,
public outcry against the plant, accidents, seismic issues and radioactive
contamination. 18 plants have closed early and 97 have been ordered
and then canceled before construction was complete.
Under
NRC rules, there are three alternative methods of proceeding with
decommissioning that are acceptable, these are DECON, SAFSTOR and
ENTOMB. DECON involves the immediate dismantlement of the plant,
as soon as it closes the equipment is decontaminated, cut up, and
removed. Under SAFSTOR the facility is shut down, i.e. the fuel
is removed from the reactor and placed in the spent fuel pool, but
a skeleton staff remains to maintain and monitor the plant and allow
the radioactivity to lessen. ENTOMB means the fuel is removed and
the building is closed up using concrete to entomb it literally,
encasing the containment and securing the property until such time
as the radioactivity has diminished enough to allow unrestricted
release. The NRC must approve the decommissioning plan and it must
be complete within 60 years. Licensees must notify the NRC and the
public of their intent to decommission the plant in advance and
meeting must be held to allow public involvement and comment on
the proposed plan. Utilities must notify the NRC within 30 days
of their intention to close the plant. When the licensee removes
the fuel they must notify the NRC which then rescinds the authority
to operated the plant. A possession only license is granted which
allows the utility to own the plant and it’s fuel, but not to operate
the plant. Within two years a written decommissioning plan must
be submitted which includes the proposed schedule for accomplishing
the steps outlined in the plan. The NRC makes this plan available
to the public and holds a public meeting. 90 days after submission
of the formal plan and 30 days after the public meeting the Utility
can begin implementing the plan.
Each
of the three options for decommissioning has advantages and disadvantages.
DECON allows for greater certainty of the costs since they will
be incurred in the present, availability of the plants operating
staff who are familiar with the facility, and quicker release of
the site. But DECON also results in higher exposure to radioactivity
for workers and increased costs for remote handling as well as larger
quantities of waste. SAFSTOR results in less waste for disposal,
less exposure for workers, and substantially less radioactivity
due to decay. However, SAFSTOR means the site will not be available
for other use as quickly, original workers are not available, and
there is the cost of maintenance and security during the storage
period. ENTOMB mainly provides benefits relating to reduced radioactivity,
but it is really not and option for a large power reactor since
the length of time required till the site would be safe to release
would be prohibitively long but three small demonstration reactors
have been ENTOMBED.
Often
the best aspects of DECON and SAFSTOR are combined, removing some
parts of the plant immediately and putting the rest in storage for
a period. SAFSTOR is often chosen when the Utility has another plant
still in operation on the same site since the staff of the operating
facility can provide security for the closed plant. Three plants
have completed their DECON, six are at various stages of their DECON,
and eleven are in SAFSTOR. Three Mile Island Unit 2 has a possession
only license, two DOE power plants have completed their DECON, and
three DOE power plants have bee ENTOMBED. The conclusion of decommissioning
requires the licensee to submit an application for license termination
at least two years before the termination date requested. The request
must include ”a site characterization, identification of remaining
dismantlement activities, plans for site remediation, detailed plans
for the final survey of residual contamination on the site, a description
of the end use of the site (if restricted use is proposed, a description
of the institutional controls and maintenance and surveillance programs
is needed), an updated site specific estimate of remaining decommissioning
costs, a supplement to the environmental report”. The NRC schedules
a public meeting, examines the plan considering regulations, public
health, environmental impacts and approves or recommends changes.
When the licensee has completed the plan, the site is inspected
by the NRC and if the site is suitable for release the NRC terminates
the license.
Decommissioning
costs vary, but the NRC requires a minimum for a BWR of $198 million
and for a PWR $157 million. Actual costs are often substantially
more, for example Trojan’s decommissioning costs were $362 million,
Haddam Neck’s were $426.7 million, and Maine Yankee’s were $377.6
million. The funds are to be set aside prior to the start of operation
of the plant and are placed in a trust or escrow account outside
the licensees administrative control through prepayment or an External
Sinking Fund which receives periodic payments, or the licensee must
provide Surety in the form of a bond or letter of credit. This funding
is periodically reevaluated throughout the life of the plant and
adjustments are made if needed to keep pace with inflation. These
requirements were instituted in 1988, a decade after all of the
currently operating plants were built and received their operating
licenses. Utilities were allowed to make payments to an escrow fund
annually for the life of the plant. If the plant operates for its
full license period the fund would be adequate to cover decommissioning,
if however, it closes prematurely, prior to the expiration of its
license, the fund will be short and the extra funds will have to
be borrowed or taken from the utilities operating funds. This generally
entails obtaining a rate increase to cover the expense.
Deregulation
of the Utilities is raising concern over this method of funding
decommissioning. If the plants are closed prematurely due to economic
pressures will there be enough money to cover decommissioning, and
if there isn’t, will the electric utility still have a secure rate
base to assure they can get the money needed? The NRC is unsure.
The NRC has not required electric utilities to report on the funds
they accumulate toward decommissioning and therefore has no idea
if the utilities were making the necessary payments or what the
balance of the escrow accounts were. The NRC had to change the regulation
to require that the Utilities submit a report on the escrow accounts
every two years so the NRC could review the rate of accumulation
of decommissioning funds and take additional action if they felt
that account was under funded. The decommissioning trust fund required
by the NRC for licensing cannot be used except within specific guidelines.
An initial 3% may be used without prior NRC approval. 20% additional
may be used 90 days after submission of the decommissioning plan.
The rest becomes available after a site specific cost estimate for
the decommissioning plan has been approved.
The
costs of decommissioning have dramatically increased since the 1970s
when the first plants were decommissioned. LLW disposal is one of
the most expensive factors in plant decommissioning. There has been
a 2000% increase in the cost of disposal of LLW from $13/ft3
in 1983 to $300/ft3 today at the Barnwell facility for
example. Costs range from $200/ft3 to $500 /ft3.
It is possible to save some money by sending metal waste to recyclers
who charge an average of $100/ft3 to decontaminate the
material to release limits and then sell it for reuse. Approximately
60% of the total waste stream can be sent to these processors. Dry
waste such as gloves, booties, filters etc. can be compacted to
10% of their original volume and packed in drums to reduce waste
disposal costs.
For
a list of Decommissioned Commercial Power Reactors, see Formerly
Operated Plants.
|
| Zion
1 & 2 |
IL |
1973-1998 |
| Millstone
1 |
CT |
1970-1998 |
| Maine
Yankee |
ME |
1972-1997 |
| Conn.
Yankee |
CT |
1967-1997 |
| Trojan |
OR |
1976-1993 |
| San
Onofre 1 |
CA |
1968-1992 |
| Yankee
Rowe |
MA |
1961-1992 |
| Shoreham |
NY |
1989-1989 |
| Fort
St. Vrain |
CO |
1979-1989 |
| Rancho
Seco |
CA |
1975-1989 |
| TMI-2 |
PA |
1978-1979 |
| Dresden
1 |
IL |
1960-1978 |
| Indian
Point 1 |
NY |
1962-1974 |
| Reactors
Shut Down/Decommissioned
Shutdown
plants of greater than 100 MW: 14 |
|
|
Costs/Funding
Fuel cost:
For a typical 1100 MWe BWR or PWR, the approximate cost of fuel
for one reload (replacing 1/3 of the core) is about $40 million,
based on an 18-month refueling cycle.
Low-level
radioactive waste disposal costs:
About $100-$1,000 per cubic feet, $235 per cubic feet of which goes
to the state of SC for taxes.
Funds
committed for Nuclear Waste Fund:
$17 billion (1/10 of a cent/kwh of electricity generated at nuclear
power plants plus interest since 1983). Of the $17 billion, $6 billion
has been spent.
Average estimated cost of decommissioning:
Per plant $300-500 millionincludes estimated radiological,
used fuel and site restoration costsabout $300 million, $100-150
million and $50 million, respectively.
Industry $31.9 billionabout $300 million per reactor
Aggregate decommissioning funding status:
Of the total $31.9 billion estimated to decommission all eligible
nuclear plants at an average cost of $300 million, $22.5 billion
or about two-thirds have already been funded. The remaining 9.4
billion will be funded over the next 20 years (the average nuclear
plant is licensed for 40 years).
Figures provided by the NEI
|
| For
information on the cooperative plan between the NRC and EPA on Nuclear
Plant Decommissioning, see the Memorandum
Of Understanding Between The Environmental Protection Agency And
The Nuclear Regulatory Commission (PDF file 106K)
|
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