FES nuclear decommissioning funds inadequate, consumer groups tell NRC, Cleveland Business, When FirstEnergy Solutions closes the Perry nuclear power plant east of Cleveland, the Davis-Besse nuclear plant near Toledo and the Beaver Valley nuclear plant near Pittsburgh it will have up to 60 years to decommission the reactors and clean up the land at a cost of billions of dollars. A coalition of consumer and environment groups is arguing that the decommissioning trust funds are inadequate, that FES will not be able to begin decommissioning for years after the plants are closed and that parent company FirstEnergy Cop. must be held responsible to make up the funding deficit.(Plain Dealer file)
CLEVELAND, Ohio — The trust funds that FirstEnergy created years ago to pay for the demolition of its nuclear power plants and clean-up are no longer adequate, a coalition of consumer and environmental groups is arguing today at the Nuclear Regulatory Commission.
Citing research done by an independent investment consulting company, lawyers for the Midwest-based Environmental Law and Policy Center and a veteran nuclear reactor expert have petitioned the NRC to take another look at the trust funds……https://www.cleveland.com/business/index.ssf/2018/06/fes_nuclear_decommissioning_fu.html