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Chapter 19 - Decommissioning and Nuclear Waste Policy: Comprehensive or Separable?

Abstract:
Waste handling is one of the tasks most likely to drive up decommissioning costs. This expense is derived from the large volumes of waste involved, from public apprehensions about its safe and prudent disposal, and from the uncertainties associated with long-term on-site storage of waste as is the current practice. Current U.S. nuclear policy addresses low-level waste (LLW) separately from high level waste (HLW), military waste separately from civilian waste, and even has different packaging requirements for different types of LLW. These differences mean that there are different disposal sites, different transportation routes, and reduced economies of scale. In this chapter, Duane Chapman argues for a more comprehensive consideration of this waste.

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Energy Specializations: Nuclear Power – Markets and Prices; Nuclear Power – Policy and Regulation; Energy and the Environment – Other

JEL Codes:
L13 - Oligopoly and Other Imperfect Markets
E60 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
Q59 - Environmental Economics: Other

Keywords: Nuclear deommissioning, Nuclear waste policy, Low-level waste, High-level waste

DOI: 10.5547/ISSN0195-6574-EJ-Vol12-NoSI-19


Published in Volume 12, Special Issue of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.