DOE Announces Availability of Disposal Contracts for Nuclear Reactors

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DOE Announces Availability of Disposal Contracts for Nuclear Reactors

November 11, 2008 // Published as a news service by IHS

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U.S. Department of Energy (DOE)

nuclear power reactors

The department is making the Standard Contract and the new reactor amendment (collectively "disposal contract") available to companies that have notified the Nuclear Regulatory Commission (NRC) of their intent to build nuclear power reactors.

Under the Nuclear Waste Policy Act (NWPA) of 1982, as amended, a company must have a contract with DOE for disposal services to receive a license from the NRC to construct and operate a nuclear power reactor.

The department has contracts with the owners of all of the U.S.'s nuclear power plants, including 104 reactors operating nationwide which generate approximately 20% of U.S. electricity supply.

"These contracts are essential to advancing the commercial nuclear renaissance which is needed in order to meet [the U.S.'s] significant future demands for providing electricity in a safe, secure, and environmentally friendly manner," said U.S. Secretary of Energy Samuel Bodman.

"Making these contracts available to the developers of new reactors will support the expanded use of nuclear power in the United States, which is critical to meeting our country's climate change and energy security goals."