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Chapter 3 - Utilities and Decommissioning Costs: The Meeting of Technology and Society

Author

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  • Kenneth P. Ballard
  • Margot E. Carl Everett
  • Willard C. Everett

Abstract

Nuclear energy policy is impacted by several groups, including regulatory agencies, public interest organizations, private business, and academic research. As policy bends and changes, no group is affected more strongly than public utility companies. The principal reason for such sensitivity is that the utility companies, more than any of the other players in the decommissioning business, are the link between technology and society. This chapter presents the utility view of decommissioning within the context of PG&E's nuclear power stations at Diablo Canyon and Humboldt Bay. The discussion includes special utility problems, such as inherent uncertainties and the causes for over- and underestimating. Among the conclusions is that the overall discussion of decommissioning technology is developing outside the commercial marketplace and will likely lead to inefficiencies, and that the various social costs and ramifications of decommissioning need much more attention.

Suggested Citation

  • Kenneth P. Ballard & Margot E. Carl Everett & Willard C. Everett, 1991. "Chapter 3 - Utilities and Decommissioning Costs: The Meeting of Technology and Society," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 29-42.
    • Handle: RePEc:aen:journl:1991si-a03
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    Cited by:

    1. Williams, Daniel G., 2007. "U.S. nuclear plant decommissioning funding adequacy -- by individual funds, utilities, reactors, and industry-wide -- assessed by Monte Carlo and baseline trend methods: 1998, 2000, 2001, and 2004," Energy Economics, Elsevier, vol. 29(5), pages 1050-1100, September.

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    JEL classification:

    • F0 - International Economics - - General

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