Decommissioning Illinois nuke to cost $900 million

One more pricetag when figuring the lifetime costs of nuclear power — decommissioning.
 
The Lake County News-Sun carried a piece on decommissioning the Zion nuclear plant in Illinois today:

Zion Solutions … expects to complete the project by 2021. A 2007 estimate showed that the project would cost $900 million with money from a trust funded by utilities for decommissioning projects.

Let’s see, two units at Zion comes out to $450 million a piece. $450 million times 104 operating reactors is $46.8 billion …

One more interesting thing is what happens to the land after decommissioning:

When the cleanup is finally completed, the land will be reverted to Exelon for unrestricted use, according to Christine Lipa, NRC decommissioning chief.

Unrestricted use means the prime lakefront parcels may be used for residential and commercial developments

“I wouldn’t live there if you paid me to.” — Talking Heads, The Big Country, from More Songs About Buildings and Food.

Link: http://newssun.suntimes.com/news/3972857-418/nuke-plant-teardown-update.html

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About Robert Singleton

By day, I work for a call center. In my spare time, I try to save my hometown (and planet) from a nearly constant onslaught of greedheads, lunatics and land developers. I live in a fictional town called Austin, Texas, where I go to way too many meetings.
This entry was posted in Finance, Nuclear waste, Reactor problems and tagged , , , . Bookmark the permalink.

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