View source for NUREG-0436, Responds to Re NRC Policy on Decomm of Nuc Facils.Encl Rept NUREG-0436,Plan for Reeval of NRC Policy on Decomm of Nuc Facils. Covers Alternate Methods of Financial Assistance,Tech,Safety & Cost.W/O Encl

{{Adams
| number = ML20148N335
| issue date = 11/14/1978
| title = Responds to Re NRC Policy on Decomm of Nuc Facils.Encl Rept NUREG-0436,Plan for Reeval of NRC Policy on Decomm of Nuc Facils. Covers Alternate Methods of Financial Assistance,Tech,Safety & Cost.W/O Encl
| author name = Minogue R
| author affiliation = NRC OFFICE OF STANDARDS DEVELOPMENT
| addressee name = Wilt D
| addressee affiliation = STEWART &amp; DECHANT CO.
| docket = 
| license number = 
| contact person = 
| case reference number = RTR-NUREG-0436, RTR-NUREG-436
| document report number = NUDOCS 7811270074
| title reference date = 10-24-1978
| package number = ML20148N341
| document type = CORRESPONDENCE-LETTERS, NRC TO LEGAL/LAW FIRM, OUTGOING CORRESPONDENCE
| page count = 2
}}

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UMt?ED STATES
(
I y *q s NUCLEAR REGULATORY COMMISSIOM I I)
E WASHINGTON, D. C. 20555 of'% $)
NOV t sj Daniel D. Wilt, Esq.
Stewart and DeChant Co.
666 Euclid Building Suite 850 Cleveland, Ohio 44114

==Dear Mr. Wilt:==
In reference to your letter of October 24, 1978, to Chairman Hendrie, the Nuclear Regulatory Commission is in the process of reevaluating its policy relative to decommissioning.
The plan for this reevaluation is described in a recent report, NUREG-0436, " Plan for Reevaluation of NRC Policy on Decommission-ing of Nuclear Facilities," March 1978, a copy of which is attached for your use.
A part of this plan involves a detailed investigation of alternate methods of financial assurance to cover decommissioning (see i
l pages 31, 32 and 41). This study is expected to guide the develop-i ment of a new policy in this area. We have found that a bond to cover a decommissioning cost of $50 millien over a 40-year period is not available unless the total amount is deposited initially with a surety company. We are looking at various alternatives of sinking funds and a combination of advanced and annual funding for decommissioning reserves.
Our plan also includes detailed studies into the technology, safety and costs of decommissioning nuclear facilities (see Section 4.0 of NUREG-0436).
These studies were initiated in 1975. One of the early reports in this series deals with the alternatives and timing of decommissioning, NUREG/CR-0130, " Technology, Safety and Costs of Decommissioning a Reference Pressurized Water Reactor Power Station," Vols.1 & 2, June 1978. That report shows alternatives

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Daniel D. Wilt, Esq. of decommissioning by immediate dismantlement or safe storage for a period of time followed by dismantlement.
In the latter case there is some advantage in delaying dismantlement for up to 30 years to reduce occupational radiation exposures, but there is little to be gained from delaying longer than that.
Sincerely,
/
I b.
Robert B. Minogue, Director Office of Standards Development cc: The Honorable John Glent;

==Enclosure:==
NUREG-0436 a
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