10 February 2012
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Syndication
Reprocessing is Expensive
published Wednesday, October 08, 2008
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Although the Department of Energy (DOE) has not provided a life-cycle cost estimate for GNEP, the National Academy of Sciences estimated in 1996 that a reprocessing project like GNEP could cost more than $500 billion. Additionally, the Congressional Budget Office has stated that "Reprocessing of U.S. spent fuel would cost 25 percent more than plans for direct disposal" in a permanent repository. Under the current plan for GNEP, the taxpayer and rate-payers, not the nuclear power industry, would bear this cost.
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