Nuclear Regulation : Nrcs Oversight Of Nuclear Power Reactors Decommissioning Funds Could Be Further Strengthened

About 20 percent of U.S. electricity isgenerated by 104 nuclear reactors.NRC, which regulates reactors, requirestheir owners (licensees) to reduceradioactive contamination after reactorspermanently shut down. This process,called decommissioning, costshundreds of millions of dollars perreactor. NRC requires licensees toprovide reasonable assurance that theywill have adequate funds todecommission, in part, by accumulatingfunds that are greater than or equal toNRC's decommissioning fundingformula. GAO and NRC's OIG haveidentified concerns about NRC'soversight of decommissioning funds.GAO was asked by RepresentativeMarkey in his former capacity asChairman of the House Subcommitteeon Energy and Environment to (1)describe how NRC ensures thatlicensees provide reasonableassurance of adequatedecommissioning funds and (2) identifyany improvements or weaknesses inNRC's oversight of this area. GAOanalyzed NRC's formula and reviews oflicensee information and interviewedNRC officials, licensees, and others.

• | Author: U.s. Government Accountability Office
• | Publisher: Createspace Independent Publishing Platform
• | Publication Date: Aug 04, 2017
• | Number of Pages: 42 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1974237214
• | ISBN-13: 9781974237210