In its reports this fall, Entergy estimated that $368 million will be needed for moving spent nuclear fuel into dry cask storage. It confirmed yesterday to the NRC that it will take out a $145 million line of credit to move spent fuel. That is $145M that will not come out of the decommissioning trust fund — good news!
NRC rules prohibit trust funds to be used for spent fuel management, but of course the NRC grants exemptions. Entergy says it will apply for an exemption and use trust funds to cover the remaining $223M needed for spent fuel management.
It sure seems like every NRC rule is made to be broken, as long as the owners ask nicely.
If you are a subscriber you can read Susan Smalheer’s article in today’s Rutland Herald .