U.S. Cost to Store Nuke Waste Poised to Balloon to $35.5 Billion

June 14, 2019, 12:32 PM UTC

The Maine Yankee nuclear power plant hasn’t produced a single watt of energy in more than two decades, but it cost U.S. taxpayers about $35 million this year.

Almost 40 years after Congress decided the U.S., and not private companies, would be responsible for storing radioactive waste, the cost of that effort has grown to $7.5 billion, and it is about to get even pricier.

With no place of its own to keep the waste, the government now says it expects to pay $35.5 billion to private companies as more and more nuclear plants close down, unable to compete with ...

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