ComEd, Dept. of Justice, Exelon, fleecing of America, Free Speech, hidden cost of nuclear waste, Holtec, nuclear energy, nuclear power, nuclear waste, public safety, Spent Fuel, spent fuel canisters, Spent Fuel Casks, spent fuel system, taxpayer fleece, US DOJ, US taxpayer
As US attorneys noted:
“Holtec should not be able to use a highly regulated and publicly funded industry to make profits, but to refuse to provide information about the cask business when the information it possesses about cask costs are an integral part of the damages claimed by the plaintiff in this case. When faced with damages of the magnitude of those being claimed by ComEd, it is imperative that we determine the reasonableness of these claims against the Federal Treasury.” “COMMONWEALTH EDISON COMPANY, Plaintiff, v. No. 98-621C Judge Hewitt UNITED STATES, Defendant, Case 1:98-cv-00621-ECH , Document 288 , Filed 03/12/2004“, Page 6 of 9 http://www.plainsite.org/dockets/download.html?id=14565388&z=24a65e24
What is Holtec hiding? Cheap costs with huge profits?
Holtec Spent Fuel Canisters-Casks at Diablo Canyon
Each US Nuclear power station will require around 4 spent fuel canisters-casks per year. Holtec sells them for around $1 million plus each. In the context of lawsuits against the US gov who promised to take spent nuclear fuel off the hands of the utilities, and did not, Holtec refused to give information related to its spent nuclear fuel casks. We can find no documentation indicating that they ever cooperated with the US government. Rather, it appears that the US government “settled” for well over $1 billion with the various utilities, many or most of whom use Holtec casks. The quality of Holtec spent fuel casks appears questionable and decreasing over time, but the US taxpayer must pay up just the same.
Exelon subsidiary, “ComEd is claiming damages of hundreds of million of dollars, based almost exclusively upon estimates of what it expects to pay in the future for casks and ISFSI construction“. Page 1 of 9
“Only an economic analysis of Holtec’s costs can determine if the future costs asserted by ComEd as damages are reasonable. Only Holtec can provide information about its costs and profits in producing these casks… In addition to documents regarding Holtec’s costs to design, manufacture, engineer, and license its products, we are also seeking documents and information about the prices that Holtec has charged to each of its nuclear utility clients over time, again in an effort to determine if the estimated costs that ComEd is assuming in its damages claims are reasonable. By analyzing the amounts that Holtec has charged for these products over the course of its 16 years in business, we can determine whether ComEd’s estimates are reasonable.“Case 1:98-cv-00621-ECH, Document 288, Filed 03/12/2004, p. 5
http://www.plainsite.org/dockets/download.html?id=14565388&z=24a65e24 (Emphasis added)
“Since 1998, owners and generators of spent nuclear fuel have sued DOE primarily in the U.S. Court of Federal Claims for failing to meet its obligations under the contracts that DOE had entered into with them. The Department of Justice reported that as of March 2014, 90 such lawsuits had been filed. As of the end of fiscal year 2013, the federal government had reimbursed owners and generators about $3.7 billion in connection with such lawsuits. 4 The reimbursements come from the U.S. Department of Treasury’s judgment fund,5 In 2008, DOE submitted a license application for a repository at Yucca Mountain to the Nuclear Regulatory Commission (NRC), which is financed by U.S. taxpayers. DOE estimates that future federal liability for litigation related to storing spent nuclear fuel will amount to $21.4 billion through 2071” http://www.gao.gov/assets/670/666454.pdf
In 2009, Diablo spent fuel storage casks cost more than $1 million each. The first phase of loading 8 Holtec casks cost an estimated $100 million. 03.16.09 “WITH NO LONG-TERM SOLUTION, NUCLEAR PALLBEARERS BURY WASTE IN AMERICA’S BACKYARD” http://www.wired.com/2009/03/nuclear/
The canisters and the casks appear to be separate and thus the price around $1 million and probably more:
“Appendix V: Process and Costs of Transferring Spent Nuclear Fuel from Wet to Dry Storage
1. Nuclear power reactor and spent nuclear fuel pools Nuclear power reactor and spent nuclear fuel pools—Spent nuclear fuel typically cools for at least 5 years in a pool before a canister ($700,000 to $1.5 million) is placed in the pool, filled with spent nuclear fuel, removed from the pool, and dried. A reusable steel transfer cask ($1.5 million to $3 million) provides shielding for nearby workers as the spent nuclear fuel is transferred from the pool and placed into either a vertical or horizontal dry storage system. The process of transferring spent nuclear fuel, excluding the canister, transfer cask, and storage system costs $150,000 to $550,000. Then the canister is placed into either a vertical or horizontal dry storage system.
2. Transporter Transporter— For vertical storage, a crawler-type transporter ($1 million to $1.5 million) carries the entire canister and storage cask in a vertical orientation to a storage pad. For horizontal storage, a tractor with a transfer trailer carries the canister in a reusable transfer cask in a horizontal orientation ($1.5 million to $3 million) to the horizontal module.
3. Vertical storage cask/horizontal storage module Vertical storage cask/horizontal storage module—Utilities typically choose either a vertical storage system ($250,000 to $350,000 per cask) or a horizontal storage system ($500,000 to $600,000 per module) for a particular site.
4. Safety and security systems and annual operations Safety and security systems and annual operations—Design, licensing, and construction of the dry storage facility and safety and security systems ($5.5 million to $42 million). Annual operations include costs of security, operations, and maintenance cost. Annual operations at an operating reactor site: $100,000 to $300,000 and at a shutdown reactor site: $2.5 million to $6.5 million” Source: GAO analysis of Nuclear Energy Institute data. | GAO-15-141.
“Exelon, Federal Government Reach Agreement Over Spent Nuclear Fuel Storage Costs“:
Aug 10, 2004, 01:00 ET from Exelon Corporation
“Under the agreement, Exelon will receive $80 million immediately in gross
reimbursements for storage costs already incurred, with additional amounts
reimbursed annually for future costs. If a national repository opens by 2010
and DOE begins accepting spent nuclear fuel as the department has said, gross
reimbursements to Exelon would eventually total about $300 million.”
Brad Fagg: “led Morgan Lewis teams that have won the industry an aggregate of well over $1 billion in judgments and settlements.” http://www.uscfc.uscourts.gov/brad-fagg
This appears a “deal”, however, compared to the 1.8$ billion for 2017 and $1.9 billion for 2016 that the US DOE uses to dump foreign nuclear waste upon itself in the name of nuclear non-proliferation. Wherever does a country so in debt get this money from? http://energy.gov/fy-2017-department-energy-budget-request-fact-sheet
Updated July 25, 2018: Upon looking at the numbers again and the dates, it appears that $ 1 million per cask is the lowest figure and it is probably much higher, especially by 2018.