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Nuclear decommissioning costs shooting up in Sweden

nuke-reactor-deadSweden plans big rise in fees to nuclear decommissioning fund http://economictimes.indiatimes.com/news/international/business/sweden-plans-big-rise-in-fees-to-nuclear-decommissioning-fund/articleshow/37335517.cms By Reuters | 27 Jun, 2014  OSLO: Sweden on Friday proposed a sharp rise in fees nuclear power producers have to pay the country’s nuclear decommissioning fund, saying previous cost estimates were too low.

Sweden has three nuclear power plants with ten reactors in operation, generating about 40 per cent of the country’s electricity needs. The oldest reactors are expected to be shut at the beginning of the next decade.

OSLO: Sweden on Friday proposed a sharp rise in fees nuclear power producers have to pay the country’s nuclear decommissioning fund, saying previous cost estimates were too low.  The Swedish Radiation Safety Authority (SSM) said it has proposed raising fees by 73 per cent to 0.038 crowns ($0.01) per kilowatt-hour from 0.022 crowns for 2015.

The nuclear power industry pays fees to the Nuclear Waste Fund to prepare for the future decommissioning of plants and storage of spent nuclear fuel.

It said the Swedish Nuclear Fuel and Waste Management Company (SKB) had to recalculate fees to the nuclear decommissioning fund for the period of 2016-2017.
“The SSM has assessed that the costs for decommissioning and final disposal for the Swedish nuclear power industry may be underestimated by SKB by at least 11 billion Swedish crowns ($1.63 billion),” the authority said in a statement.

Sweden’s state-owned utility Vattenfall operates seven reactors and Germany’s E.ON three.  Finnish utility Fortum has stakes in six Swedish nuclear reactors.

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June 28, 2014 - Posted by | decommission reactor, Sweden

1 Comment »

  1. Reblogged this on Imbuteria's Blog.

    Comment by imbuteria | June 29, 2014 | Reply


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