In nuclear policy, too little thought is given to the considerable costs of storing radioactive waste on site
PHILADELPHIA, PA — “With over 10 GW of nuclear capacity at risk for premature retirement – defined as retirement before license expiration – many states are considering subsidy policies to keep these economically struggling reactors operating.
Arguments for subsidies focus on protecting local jobs, keeping low-cost baseload power, maintaining reliability, and preserving the zero-carbon resources needed to address climate change. Opponents argue that out-of-market subsidies distort competitive markets and amount to ratepayer bailouts of uneconomic generation.
Absent from the debate, however, is a focus on what happens to nuclear power plants when they retire and decommission. Specifically, how Americans like you and I will continue to pay more and be subjected to greater risks as nuclear power plants are converted to interim waste storage facilities.”
— Christina Simeone, director of policy and external affairs at the Kleinman Center for Energy Policy at the University of Pennsylvania, guest column, Utility Dive