This bill would compensate communities where spent fuel from decommissioned nuclear power plants is stored through a program to be created by the Dept. of Energy (DOE). In total, $100 million in funding would be authorized for compensating communities that have to store the nuclear waste through fiscal year 2023.
The DOE would make one payment per fiscal year to a community storing nuclear waste, and the communities would have to apply each year to receive a payment. Local governments would receive $15 per kilogram of nuclear waste that’s stored a decommissioned power plant within their jurisdiction. If so many eligible communities apply that there’s not enough funding to go around, the DOE would have to reduce payments to all successful applicants equally to ensure that they’re all compensated to lesser extent.
Under current law, the federal government is required to operate a facility to permanently store nuclear waste at Yucca Mountain, NV but it hasn’t opened because of political opposition so communities with decommissioned nuclear power plants have to store the waste.