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Nuclear Waste: Status of Actions to Improve DOE User-Fee Assessments

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Report Type Reports and Testimonies
Report Date June 10, 1992
Report No. RCED-92-165
Subject
Summary:

The Department of Energy (DOE) is required to build a deep underground repository for the safe, permanent disposal of nuclear waste from government and the private sector. According to DOE estimates, the program could cost as much as $34 billion if two repositories are built. In a June 1990 report (GAO/RCED-90-65), GAO noted that DOE's methods for estimating program costs and revenues and for assessing fees did not adequately take into account uncertainties like inflation that are inherent in such a long-term program. GAO discusses DOE's periodic assessment of whether the fees charged to utilities running nuclear power plants are adequate to cover the costs of the civilian nuclear waste disposal program. GAO also discusses the need to disclose in the fund's financial statements the possibility that a portion of the one-time user fees due from utilities may be uncollectible because of the uncertain condition of some utilities.

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