CHARLES FERGUSON, CLIFFORD SINGER, JACK SPENCER and SHARON SQUASSONI state that the central planning approach to U.S. spent nuclear fuel management had been a glaring exception to the trend toward a market-driven energy sector and each of the three past approaches - breeding fuel, prompt burial and deep burn had failed due to what they view as inflexibility to changing economic and political conditions.
In a report of the Proliferation Prevention Program of the Center for Strategic and International Studies, "U.S. Spent Nuclear Fuel: A market based solution", they envisage a market-driven approach that would fundamentally alter the notion of spent nuclear fuel from a liability as it is currently to an asset alongwith provisions of adequate financial incentives to states and communities hosting long-term spent fuel management facilities.
The key components of their proposal include payments into escrow funds for spent fuel management rather than to the government, reassessment of radio-isotope containment criteria, licenses for away-from-reactor storage facilities alongwith removal of restrictions on volumes and site duration, removal of the requirement for prompt burial, equal treatment of all states, allowing private sector multiple options on fuel storage and importing foreign spent fuel.
The authors state that this could enhance U.S' ability as a nuclear supplier to influence other countries' nuclear fuel cycle choices and enhance regional security and support nuclear non-proliferation initiatives.
In a report of the Proliferation Prevention Program of the Center for Strategic and International Studies, "U.S. Spent Nuclear Fuel: A market based solution", they envisage a market-driven approach that would fundamentally alter the notion of spent nuclear fuel from a liability as it is currently to an asset alongwith provisions of adequate financial incentives to states and communities hosting long-term spent fuel management facilities.
The key components of their proposal include payments into escrow funds for spent fuel management rather than to the government, reassessment of radio-isotope containment criteria, licenses for away-from-reactor storage facilities alongwith removal of restrictions on volumes and site duration, removal of the requirement for prompt burial, equal treatment of all states, allowing private sector multiple options on fuel storage and importing foreign spent fuel.
The authors state that this could enhance U.S' ability as a nuclear supplier to influence other countries' nuclear fuel cycle choices and enhance regional security and support nuclear non-proliferation initiatives.
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