July 14, 2017
Nuclear Regulatory Costs
Today the American Action Forum released an infographic examining federal burdens imposed upon the nuclear industry. AAF research finds that each year nuclear power plants pay $8.6 million in regulatory costs, $22 million in Nuclear Regulatory Commission (NRC) fees and $32.7 million in regulatory liabilities. This equates to $63 million in annual cost burdens. Despite significant advancements, NRC regulations and approval timelines have not shortened. Consequently, the burdens placed on the nuclear industry have stifled the adoption of newer and safer nuclear power plants.