POLITICO....Industry argues that the damages are closer to $50 billion — which raises the bottom line to $65 billion including the money spent on Yucca.
The cost of the refunds is little known to the public, but it's such a huge liability that DOE tracks the figure closely. The government is still fighting the utilities' claims in court, but utilities have been racking up a string of wins.
The costs of inaction don't just include dollars. The lack of a final resting place for the waste means that each nuclear plant has to stockpile its own. Thousands of tons of waste are stranded at sites around the country, including at plants that have shut down.
"I'm trying to think of some fancy words but at the end of the day it's just a massive consumer rip-off," said Greg White, a regulator on the Michigan Public Service Commission who also heads the nuclear waste panel for the National Association of Regulatory Utility Commissioners. NARUC, which represents state-level regulators, won a legal victory this month when the D.C. Circuit Court of Appeals ordered DOE to stop collecting the fee.
Salo Zelermyer, a former George W. Bush-era DOE attorney who works at the law firm Bracewell & Giuliani, says the waste program has "plainly broken down" and that the government had made "no discernable progress towards its commitments."
Energy Secretary Ernest Moniz also expressed frustration this month, calling the system of storing nuclear waste at reactors sites "politically unsustainable."
"For nuclear energy to be competitive here in the U.S. and ensure its safety and security abroad, we have to address the problem of disposition of used nuclear fuel and high-level waste," Moniz said during a panel discussion at an American Nuclear Society meeting. He previously served on a blue-ribbon commission that advised Obama on changes to the nation's nuclear waste policy.
But like others in the Obama administration, Moniz maintains that Yucca Mountain is not "a workable option."
Congress chose the Nevada site in 1987 as the country's sole permanent nuclear repository, but it continues to draw fierce opposition from many of the state's residents and elected officials. One of its most powerful opponents is Senate Majority Leader Harry Reid (D-Nev.), who blocked funding for the project and pushed the Obama administration to kill it — something DOE did in 2010.
Reid and Sen. Ed Markey (D-Mass.) have long argued that the studies supporting the project were discredited because Congress short-circuited the site-selection process to focus solely on Yucca. The administration says the government needs to start over with a new waste site — and this time, the selection process must be "consent based" to win public acceptance.
"When this Administration took office, the timeline for opening Yucca Mountain had already been pushed back by two decades, stalled by public protest and legal opposition, with no end in sight," DOE spokeswoman Niketa Kumar said in an email.