Mike Manetas 
Member since Jan 19, 2018



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Re: “Utilities commission rejects Diablo's community settlement

Current news on the closure of Diablo Canyon has focused on the financial impacts of dollar loss to the community, and the shut down costs to ratepayers. What is not mentioned are the enormous costs yet to come with the ultimate decommissioning and storage of nuclear waste.
Decommissioning of the tiny 63MW reactor at Humboldt Bay is very close to completion. Shut down in 1976, tens of millions of dollars were spent each year maintaining the fuel and facility until 2008, when actual dismantlement began. The original $95 million cost estimate jumped to over $1 billion. This money created more than 500 high-paying skilled jobs, which benefited the local community. An estimated $10+ million of rate-payer money will continue to be spent each year maintaining the spent fuel stored in casks on site.
Diablos decommissioning costs estimates are currently around $4 billionthis from an industry with a dismal track record of estimates. Ratepayers have, and will continue to pay into a fund over the next 10, 20, 40? years to cover the dismantlement of those twin reactors. After that, the generations to come will continue to pay the unknown costs of long-term nuclear waste storage and management.

4 likes, 1 dislike
Posted by Mike Manetas on 01/19/2018 at 8:12 AM

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