98-25414. Financial Protection Requirements for Permanently Shutdown Nuclear Power Reactors  

  • [Federal Register Volume 63, Number 184 (Wednesday, September 23, 1998)]
    [Proposed Rules]
    [Page 50815]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-25414]
    
    
    
    [[Page 50815]]
    
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    NUCLEAR REGULATORY COMMISSION
    
    10 CFR Parts 50 and 140
    
    RIN 3150-AF79
    
    
    Financial Protection Requirements for Permanently Shutdown 
    Nuclear Power Reactors
    
    AGENCY: Nuclear Regulatory Commission.
    
    ACTION: Proposed rule: request to solicit additional public comment.
    
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    SUMMARY: On October 30, 1997, the Nuclear Regulatory Commission (NRC) 
    published for comment proposed amendments to its regulations to allow 
    licensees of permanently shutdown nuclear power reactors to reduce 
    onsite and offsite insurance coverage under certain conditions (62 FR 
    58690). In a late comment letter submitted on April 17, 1998, the 
    Nuclear Energy Institute (NEI) argued that the required level of onsite 
    insurance coverage should be lowered to $25 million. In NEI's view, $25 
    million would be adequate for on-site cleanup costs for radioactive 
    liquid spills. The NRC proposed rulemaking would require $50 million 
    insurance coverage. The NRC used a postulated rupture of a 450,000 
    gallon borated water storage tank as the defining event for determining 
    the required insurance coverage. NEI also proposed that the requirement 
    for onsite insurance be eliminated if less than 1000 gallons of 
    contaminated liquid were onsite.
        NEI based its recommendation on a model that apportioned the 
    removal of the contaminated soil to various disposal facilities 
    according to the degree of contamination. Hence, under the NEI's model, 
    some soil would be sent to a Barnwell type facility, some to a lower 
    cost facility like Envirocare, and some soil could be left on site 
    under the Commission's decommissioning regulation. NEI stated that 
    under this type of parceling of contaminated soil, $25 million of 
    onsite insurance coverage would be more than adequate to cover cleanup 
    of any postulated radioactive spill. NEI further stated that there has 
    never been a spill in the operating history of commercial nuclear power 
    plants that resulted in remediation costs of $50 million. However, NEI 
    did not provide any specific cost figures, estimates of the amount or 
    degree of soil contamination, or analyses, to support its 
    recommendation to lower the onsite insurance coverage to $25 million.
        The NRC is requesting public comment on the potential cost of 
    cleanup of the on-site spill from a large vessel (>1000 gal) containing 
    radioactive liquid and the appropriate level of insurance coverage. The 
    NRC also has requested NEI to provide further information supporting 
    its assessment of the costs of cleaning up a large (>1000 gal) on-site 
    spill of radioactive material and its basis for recommending that 
    onsite coverage should be reduced to zero when there is less than 1000 
    gallons of radioactive liquid on site.
    
    DATES: The comment period expires November 9, 1998.
    
    ADDRESSES: Send comments by mail addressed to the Secretary, U.S. 
    Nuclear Regulatory Commission, Attention: Rulemakings and Adjudications 
    Staff, Washington, DC 20555-0001.
        Hand deliver comments to 11555 Rockville Pike, Rockville, Maryland, 
    between 7:30 a.m. and 4:15 p.m. on Federal workdays.
        You may also provide comments by way of the NRC's interactive 
    rulemaking web site through the NRC home page (http://www.nrc.gov). 
    This site provides the capability to upload comments as files (any 
    format) if your web browser supports that function. For information 
    about the interactive rulemaking site, contact Ms. Carol Gallagher, 
    301-415-5905, e-mail [email protected]
        Certain documents related to this rulemaking, including NEI's 
    comments, may be examined at the NRC Public Document Room, 2120 L 
    Street NW. (Lower Level), Washington, DC. These documents also may be 
    viewed and downloaded electronically through the interactive rulemaking 
    website established by NRC for this rulemaking.
    
    FOR FURTHER INFORMATION CONTACT: George J. Mencinsky, Office of Nuclear 
    Reactor Regulation, U.S. Nuclear Regulatory Commission, Washington, DC 
    20555-0001, telephone: (301) 415-3093, e-mail [email protected]
    
        Dated at Rockville, Maryland, this 15th day of September, 1998.
        For the Nuclear Regulatory Commission.
    Jack W. Roe,
    Acting Director, Division of Reactor Program Management, Office of 
    Nuclear Reactor Regulation.
    [FR Doc. 98-25414 Filed 9-22-98; 8:45 am]
    BILLING CODE 7590-01-P
    
    
    

Document Information

Published:
09/23/1998
Department:
Nuclear Regulatory Commission
Entry Type:
Proposed Rule
Action:
Proposed rule: request to solicit additional public comment.
Document Number:
98-25414
Dates:
The comment period expires November 9, 1998.
Pages:
50815-50815 (1 pages)
RINs:
3150-AF79: Financial Protection Requirements for Permanently Shutdown Nuclear Power Reactors
RIN Links:
https://www.federalregister.gov/regulations/3150-AF79/financial-protection-requirements-for-permanently-shutdown-nuclear-power-reactors
PDF File:
98-25414.pdf
CFR: (2)
10 CFR 50
10 CFR 140