Risk and Responsibility Sharing in Nuclear Spent Fuel Management

With the Nuclear Waste Policy Act of 1982, the responsibility of American utilities in the long-term management of spent nuclear fuel was limited to the payment of a fee. This narrow involvement did not result in faster or safer development of a solution for commercial nuclear waste. In most other c...

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Main Author: De Roo, Guillaume
Format: Working Paper
Language:en_US
Published: MIT Center for Energy and Environmental Policy Research 2010
Online Access:http://hdl.handle.net/1721.1/59460
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author De Roo, Guillaume
author_facet De Roo, Guillaume
author_sort De Roo, Guillaume
collection MIT
description With the Nuclear Waste Policy Act of 1982, the responsibility of American utilities in the long-term management of spent nuclear fuel was limited to the payment of a fee. This narrow involvement did not result in faster or safer development of a solution for commercial nuclear waste. In most other countries, the financial liability and practical involvement of utilities appear more extensive. This paper highlights how such differences in institutional frameworks affect risk sharing and economic incentives. It argues that a greater allocation of risk and responsibility to the utilities should reenter the debate over nuclear waste in the US.
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spelling mit-1721.1/594602019-04-12T11:34:38Z Risk and Responsibility Sharing in Nuclear Spent Fuel Management De Roo, Guillaume With the Nuclear Waste Policy Act of 1982, the responsibility of American utilities in the long-term management of spent nuclear fuel was limited to the payment of a fee. This narrow involvement did not result in faster or safer development of a solution for commercial nuclear waste. In most other countries, the financial liability and practical involvement of utilities appear more extensive. This paper highlights how such differences in institutional frameworks affect risk sharing and economic incentives. It argues that a greater allocation of risk and responsibility to the utilities should reenter the debate over nuclear waste in the US. Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research. EPRI and the Idaho National Laboratory. 2010-10-22T14:20:53Z 2010-10-22T14:20:53Z 2010-06 Working Paper 2010-007 http://hdl.handle.net/1721.1/59460 en_US MIT-CEEPR (Series);;2010-007 application/pdf MIT Center for Energy and Environmental Policy Research
spellingShingle De Roo, Guillaume
Risk and Responsibility Sharing in Nuclear Spent Fuel Management
title Risk and Responsibility Sharing in Nuclear Spent Fuel Management
title_full Risk and Responsibility Sharing in Nuclear Spent Fuel Management
title_fullStr Risk and Responsibility Sharing in Nuclear Spent Fuel Management
title_full_unstemmed Risk and Responsibility Sharing in Nuclear Spent Fuel Management
title_short Risk and Responsibility Sharing in Nuclear Spent Fuel Management
title_sort risk and responsibility sharing in nuclear spent fuel management
url http://hdl.handle.net/1721.1/59460
work_keys_str_mv AT derooguillaume riskandresponsibilitysharinginnuclearspentfuelmanagement