http://www.ens-newswire.com/ens/aug2008/2008-08-05-091.aspAugust 5, 2008 (ENS) - It will cost 38 percent more to build, operate and decommission the nation's first nuclear waste repository at Yucca Mountain, Nevada than the federal government estimated seven years ago, the U.S. Department of Energy said today in an updated life cycle cost estimate.
The highly radioactive waste is left over from nuclear power generation and national defense programs.
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The 2007 total system life cycle cost estimate includes the cost to research, construct and operate Yucca Mountain during a period of 150 years, from the beginning of the program in 1983 through closure and decommissioning in 2133.
The new cost estimate of $79.3 billion, when updated to 2007 dollars, comes to $96.2 billion, a 38 percent increase from the last published estimate in 2001 of $57.5 billion.
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