Accion Group's talented consultants have assisted nuclear station owners and regulators in all areas of decommissioning planning, including both funding decisions and the actual decommissioning of retired plants. Due to our team's extensive involvement in a variety of decommissioning engagements, including those with the New Hampshire Nuclear Decommissioning Finance Committee and Seabrook Nuclear Power Station, Accion Group has wide-ranging experience in designing decommissioning plans and decommissioning funding programs.
Accion's Previous Nuclear Decommissioning Work
As consultants to the nuclear decommissioning industry, our experts have executed the following tasks as part of our consulting engagements:
Directed review of decommissioning planning and funding for nuclear stations
Designed and implemented the most comprehensive state oversight of decommissioning funding in the nation
Prepared funding plans for prompt decommissioning and timely site restoration
Designed funding plans to implement changes in spent fuel disposal costs
Designed funding assurance requirements to protect ratepayers from excessive decommissioning costs
Designed funding plans to be applied to merchant ownership by multiple nuclear station owners
Accion's Nuclear Decommissioning Engagements
Accion Group has been involved in nuclear decommissioning consulting engagements across the nation, including in New England, New Jersey, Georgia, and Arizona. We provide full staffing to the New Hampshire Nuclear Decommissioning Finance Committee (NDFC), which is charged with overseeing the planning, scope, and funding of decommissioning the Seabrook Nuclear Power Station. As consultants to the NDFC, our team provides full legal services, from drafting the controlling legislation through to the annual determination of funding contributions.
Accion Group is also currently advising Georgia regulators on the construction of two additional nuclear units at the Vogtle Nuclear Station; our review has included decommissioning planning, cost projections, sufficiency of existing decommissioning trust balances, and review of ISFSI planning. Previously, Accion Group advised Arizona regulators on the decommissioning costs of the Palo Verde Nuclear Power Station, and worked with New Jersey regulators regarding the acquisition of three nuclear units by Exelon.