Cost of a Utah N-Plant Could Reach $3 Billion
Oct 19 - Deseret News (Salt Lake City)
A nuclear-power plant planned for Utah could be as expensive as $3 billion
to build, and the radioactive waste generated by the plant would have to be
stored on site, nuclear-power experts told legislators this week.
David Hill, deputy director for science and technology at the Idaho National
Laboratory, a U.S. Department of Energy research campus, spoke Wednesday
during a meeting of the Legislature's Public Utilities and Technology
Interim Committee. He was invited to speak concerning a plan by Transition
Power Development, a private equity group, to develop a nuclear-power plant
in Utah.
Rep. Aaron Tilton, R-Springville, a member of the interim committee, is an
owner of Transition Power.
Hill said the cost of bringing a new nuclear plant online is estimated "in
the range of $2 billion to $3 billion." The plants are capital intensive but
could last for 80 years, he said.
Nils Diaz, a former chairman of the Nuclear Regulatory Commission who is
working with Transition Power, said such a plant's radioactive waste should
be stored on site until it can be moved to a permanent repository or
reprocessed. No nations now have permanent repositories for high-level
nuclear waste, he said.
A nuclear-power facility built anywhere in the United States would not be
able move the radioactive material from its site "in a period of 40 to 100
years," he said.
Diaz said he would recommend that radioactive waste from the Transition
Power plant be kept in Utah until effective reprocessing technology is
available. He said such plants are 10 times as safe as they were at the
start of the nuclear power era.
Utah now exports electricity generated by non-nuclear sources to Western
states such as California, said Dianne Nielson, Utah's energy adviser. Some
of the electricity from a nuclear-power plant also likely would leave the
state.
E-mail: bau@desnews.com
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