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Company terminates USA spent nuclear fuel license due to costs

Costs drove PFS move to terminate US spent fuel storage license: exec Washington (Platts)–2 Jan2013

Private Fuel Storage’s December request that the US Nuclear Regulatory Commission terminate its license for an away-from-reactor spent fuel storage facility in Utah that might never be built centered on economics, according to Robert Palmberg, chairman of the PFS board.

It was costing the utility consortium hundreds of thousands of dollars a year to maintain a license for a project that has remained dormant since NRC licensed the facility in 2006, he said in an interview Wednesday. …. http://www.platts.com/RSSFeedDetailedNews/RSSFeed/ElectricPower/6977321

January 4, 2013 - Posted by Christina Macpherson | business and costs, USA

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