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Monday, July 17, 2017

Gov’t Red Tape Costs Every Nuclear Plant $63 Million Annually

Red tape and government bureaucracy is killing the U.S. nuclear industry by costing the average power plant $63 million annually, according to a new study by the American Action Forum.

The study found that government regulations cost the nuclear industry $15.7 billion or about $219 million per power plant. Most of this cost was in complying with government regulations about the safe disposal of nuclear waste, but government mandated paperwork alone accounted for $63.3 million annually.

”Nuclear power faces growing regulatory hurdles that do not reflect the improving safety and innovation within the industry,” Philip Rossetti, an energy data analyst involved in the research, told The Daily Caller News Foundation. “A good federal policy should be focused on addressing the more significant issues, like licensing a nuclear waste repository, rather than just doubling down on regulation.”

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1 comment:

Anonymous said...

Regulations at nuclear power plants are sometimes stupid and without any common sense. I worked for a company that a contract to put in the foundation and concrete floor slab for a steel maintenance building at the calvert cliffs nuclear power plant across the bay that was at least 4 or 5 hundred ft from the actual power plant. My self and a bunch of hispanic laborers who could barely speak english had to attend classes on how a nuclear power plant works, it had absolutely nothing the with the job we were there for. Me were instructed on all kinds of safety regulations, one of which was that any time a person was working working in an area that was excavated more than 4 feet deep there had to be a safety person standing watch. I asked the question if I had an area 100ftx 100ft 4 ft deep and I had a man working in the middle of that area did I still need a man standing safety watch? Well guess what it's 4 ft deep isn't it? I could go on and on but I think you get the point that sometimes there just isn't any common sense and that cost all of us a lot of money,