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Chapter 23 - The Expanding Decommissioning Focus: A Comparison of Coal and Nuclear Costs

Are nuclear power plants the only industrial facilities that deserve decommissioning attention? Absent the radiation hazards of nuclear facilities, does it matter if other types of industrial equipment are decommissioned? If they are decommissioned, is the cost and effort large enough to really worry about? Daniel Williams examines these and other questions; by comparing the costs of decommissioning at comparable coal and nuclear power plants. Williams argues that the nuclear industry is setting the standard among industries in planning and preparing for decommissioning, and that the nuclear experience provides information that can be applied to the decommissioning of all types of facilities.

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

JEL Codes: Q40: Energy: General, Q41: Energy: Demand and Supply; Prices, Q35: Hydrocarbon Resources, C51: Model Construction and Estimation, D24: Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity, L94: Electric Utilities, Q53: Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling, Q24: Renewable Resources and Conservation: Land, Q54: Climate; Natural Disasters and Their Management; Global Warming

Keywords: Decommissioning, Nuclear power plants, Coal-fired plants, Comparative analysis

DOI: 10.5547/ISSN0195-6574-EJ-Vol12-NoSI-23

Published in Volume 12, Special Issue of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.


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