Payday may follow delay for nuke industry; Politics, nuclear waste collide over Yucca Mountain site.
Waste News, August, 2004 by Truini, Joe
Byline: Joe Truini
Nuclear power generators could recoup $4 billion in costs resulting from delays in the Yucca Mountain nuclear waste repository, while Democratic presidential candidate John Kerry has vowed to kill the project if elected.
Exelon Corp. will receive $80 million immediately under a settlement with the U.S. Department of Justice and U.S. Department of Energy for its expenses to store spent fuel at the company's nuclear power plants, the company said Aug. 10.
The government also will reimburse Exelon annually for future storage costs until the Department of Energy opens a national nuclear waste repository and begins accepting waste, currently slated for 2010.
The government would pay Exelon a total of about...
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