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Chapter 6 - Divided Authority: Federal Vs. State Policy Roles in Decommissioning Economics

Abstract:
The previous two chapters individually examined the federal and state roles in regulating nuclear power plant decommissioning. In this chapter, attorneys Scott DuBoff and Daniel Stenger take a legal look at these issues, comparing the radiological obligations and responsibilities which dominate at the federal level and the economic obligations and responsibilities which dominate at the state level, They do this by examining how the NRC addressed the state role in its new rule on decommissioning, and by looking at the applicable regulatory provisions of several states. The authors conclude that the present dual system of regulation presents a potential for conflict on decommissioning economics, particularly with regard to the adequacy of fund accumulation.

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

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

Keywords: Nuclear electric utilities, Decommissioning funding, Regulation,

DOI: 10.5547/ISSN0195-6574-EJ-Vol12-NoSI-6


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