Pennsylvania raises alarms on transfer of radioactive Three Mile Island reactor | StateImpact Pennsylvania
Each nuclear facility has a mandated trust fund — known as the Nuclear Decommissioning Trust Fund, or NDT, and financed with ratepayer dollars — to cover the costs of the decommissioning. Companies such as EnergySolutions and Holtec International, which bought the license of the shuttered Oyster Creek facility in New Jersey, hope to turn a profit by spending less than the dollars remaining in the trust fund to dispose of the radioactive waste.
Eric Epstein, chair of the anti-nuclear watchdog group TMI Alert, opposes the transfer and has petitioned the NRC for a hearing. Epstein argues that the transfer is an illegal taking of public funds.
“TMI-2 Solutions, an investment vehicle based in Delaware, wants to come in and clean the plant up, something that nobody’s been able to do in 41 years, and do it cheaper and faster than anybody else,” Epstein said. “… there’s over $1 billion in public money sitting in the decommissioning fund. And that’s what this is about, them coming in, taking the money, and then getting whatever is left over.”