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The contract provides for the DOE's acceptance and permanent disposal of
all fuel from the station. For this service, the company will pay a
"The execution of this contract with the Department of Energy reinforces
the federal government's responsibilities under the Nuclear Waste Policy Act
and is a vital step in supporting the timely licensing of Lee Nuclear
Station," said
The Nuclear Waste Policy Act of 1982 assigns responsibility to the DOE for permanent disposal of used fuel from nuclear power plants. It also specifies the U.S. Nuclear Regulatory Commission cannot issue a license for a new nuclear power plant unless the applicant enters into a used fuel disposal contract with the DOE or is in good faith negotiating a contract.
Duke Energy's Carolinas operations include nuclear, coal-fired, natural
gas and hydroelectric generation. That diverse fuel mix provides nearly 19,000
net megawatts of electricity to approximately 2.4 million electric customers
in a 22,000-square-mile service area of
Duke Energy, one of the largest electric power companies in
Headquartered in
CONTACT: Rita Sipe Telephone: 704-382-8609 24-Hour: 704-382-8333
SOURCE Duke Energy