Spent Fuel Disposal Trust Fund (Maine)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place Maine

Name Spent Fuel Disposal Trust Fund (Maine)
Policy Category Other Policy
Policy Type Safety and Operational Guidelines
Affected Technologies Nuclear
Active Policy Yes
Implementing Sector State/Province

Program Administrator Maine Public Utilities Commission
Primary Website http://www.mainelegislature.org/legis/statutes/35-A/title35-Asec4391.html

Last Review 2014-09-15


Any licensee operating a nuclear power plant in this State shall establish a segregated Spent Nuclear Fuel Disposal Trust Fund in accordance with this subchapter for the eventual disposal of spent nuclear fuel resulting from the use of that fuel before April 7, 1983. The licensee shall make payments into the fund in accordance with a schedule based on sound financial practices designed to accumulate sufficient money to make the payments to the United States Department of Energy in the manner described in subsection 5. The licensee shall also review the schedule at least annually to determine if the level of deposits in the fund remains reasonably capable of accumulating appropriate money for application to these payments.

Policy Contact

Department Public Utilities Commission
Address 101 Second St., Hallowell, ME, 04347
Address 2 18 State House Station, Augusta, ME
Zip/Postal Code 04333-0018
Phone 207-287-3831
Fax 207-287-1039
Email maine.puc@maine.gov
Website http://www.maine.gov/mpuc/

Authorities (Please contact the if there are any file problems.)

Authority 1: 35-A M.R.S.A. 4391-4393
Date Effective 1999
Date Enacted 1987