News & Analysis as of

Nuclear Power Decommissioned Facilities

Troutman Pepper

Massachusetts AG Sues Over Allegedly Mishandled Asbestos Debris From Decommissioned Power Station

Troutman Pepper on

On February 14, Massachusetts Attorney General (AG) Andrea Joy Campbell filed a civil lawsuit against Holtec Decommissioning International LLC and its affiliate Holtec Pilgrim LLC (Holtec), alleging the improper handling of...more

Morgan Lewis - Up & Atom

NRC Guidance Limits Use of Decommissioning Trust Funds Prior to Plant Shutdown

The NRC published a draft interim staff guidance (ISG) on June 15, 2023, reemphasizing limitations on the use of funds previously reported to the NRC as providing radiological decommissioning funding assurance (DFA)....more

Morgan Lewis - Up & Atom

NRC Updates Guidance on Power Reactor Decommissioning Costs

The US Nuclear Regulatory Commission (NRC) requires nuclear power reactor licensees to maintain decommissioning cost estimates and to adjust those estimates periodically to account for inflation and other matters, pursuant to...more

Eversheds Sutherland (US) LLP

Green Tax, Volume 2

Welcome to Green Tax, Vol. 2. Each quarter we will provide a recap of some of the important energy tax issues of the last quarter, including court rulings, IRS rulings and guidance, legislative activity, and more. ...more

Pillsbury Winthrop Shaw Pittman LLP

NRC Seeking Input to Update NEPA Process for Categorical Exclusions

In an important step furthering recent commitments to modernize its environmental review process, the NRC has requested input on its plan to update and expand the field of categorical exclusions in its regulations...more

Morgan Lewis - Up & Atom

NRC Staff Recommends Integrated LLRW Disposal Rulemaking, Including GTCC Waste

The NRC Staff recently issued SECY-20-0098, which provides the Staff’s recommendation to consolidate two low-level radioactive waste (LLRW) disposal rulemakings. Specifically, the Staff supports combining the draft final rule...more

Morgan Lewis - Up & Atom

Proposed Bill Would Provide Grants to Local Communities and Change Decommissioning Process

Vermont Senators Patrick Leahy and Bernie Sanders along with Representative Peter Welch recently introduced the Nuclear Plant Decommissioning Act of 2020. ...more

Hogan Lovells

Innovations in U.S. nuclear decommissioning and waste storage and their potential application in Taiwan (Chinese)

Hogan Lovells on

The field of nuclear decommissioning is in the midst of a major transformation, led by innovations in the United States. Since 1964, 36 nuclear reactors have shut down, 21 reactors are currently undergoing decommissioning,...more

Hogan Lovells

Innovations in U.S. nuclear decommissioning and waste storage and their potential application in Taiwan

Hogan Lovells on

The field of nuclear decommissioning is in the midst of a major transformation, led by innovations in the United States. Since 1964, 36 nuclear reactors have shut down, 21 reactors are currently undergoing decommissioning,...more

Morgan Lewis - Up & Atom

IRS Issues Final Rule on Nuclear Decommissioning Funds

The Internal Revenue Service (IRS) and the US Department of the Treasury (Treasury) published a final rule in the September 4 Federal Register updating IRS regulations under Internal Revenue Code (Code) Section 468A....more

Eversheds Sutherland (US) LLP

IRS issues final regulations on section 468A nuclear decommissioning costs

On September 3, 2020, the Internal Revenue Service (IRS) released long-awaited final regulations (Final Regulations) under section 468A of the Internal Revenue Code of 1986, as amended (Code). The Final Regulations generally...more

Eversheds Sutherland (US) LLP

Busy Friday – The IRS issues three utility-related private letter rulings

On Friday, April 24, 2020, the Internal Revenue Service (IRS) issued three private letter rulings providing guidance to regulated public utilities on three distinct issues. Specifically, the rulings addressed the following: ...more

Morgan Lewis

NRC’s Reactor Decommissioning Financial Assurance Working Group Receives Public Comments

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The NRC’s Reactor Decommissioning Financial Assurance Working Group recently held a public meeting to receive comments on potential guidance updates before publishing its final report. Prior to the public meeting, the working...more

WilmerHale

Nuclear Power in the Age of Decommissioning

WilmerHale on

This is the seventh issue of WilmerHale’s 10-in-10 Hot Topics in Energy Series. Over the course of 10 weeks, our attorneys will share insights on current and emerging issues affecting the US energy sector....more

Hogan Lovells

Risks and opportunities for the decommissioning of nuclear power plants in Germany

Hogan Lovells on

Who would have thought that a large Japanese city would change the entire German energy environment? The German federal government responded almost immediately to the tragic nuclear disaster in Fukushima, Japan, in March...more

Latham & Watkins LLP

Nuclear Decommissioning and Legal Risk

Latham & Watkins LLP on

Entities engaged in decommissioning can assess and allocate associated legal risks in predictable ways. Key Points: ..With proper legal diligence and planning, the liability risks associated with nuclear decommissioning...more

Eversheds Sutherland (US) LLP

Ambiguity in the Proposed Section 468A Nuclear Fund Regulations—Sometimes Less Is More

On October 25, 2017, the Internal Revenue Service (IRS) held a public hearing to provide taxpayers with an opportunity to comment on proposed regulations under section 468A of the Internal Revenue Code of 1986, as amended...more

Latham & Watkins LLP

German Utilities Score Billions on Constitutional Challenge to German Nuclear Fuel Tax

Latham & Watkins LLP on

On 7 June 2017, the Federal Constitutional Court of Germany (FCC) published a recent decision that declared the German Nuclear Fuel Tax Act (Kernbrennstoffsteuergesetz – KernbrStG) void due to the lack of legislative...more

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