 Private
Fuel Storage, LLC
Private Fuel Storage, LLC, is
a consortium formed by eight large electric utility companies
for the purpose of developing and managing a safe, clean, temporary
storage facility for spent nuclear fuel rods. The equity members
of the consortium are sharing in the cost of development and
operation and will also share in any profits generated when the
facility is in operation.
PFS members are:
- Xcel Energy
- Genoa Fuel Tech
- American Electric Power
- Southern California Edison
- Southern Nuclear Company
- First Energy
- Entergy
- Florida Power and Light
Each of these companies owns
nuclear power plants. Each is exploring various options, including
the PFS centralized facility, for storing spent fuel until the
federal government has a permanent repository ready.
Utilities that send spent fuel
to the PFS facility, including those that are equity members
of the consortium, will retain ownership of their own spent fuel
while it is stored at the facility. Each fuel owner will be liable
for fees to cover the costs of normal operations, any problems
that could occur, and eventual decommissioning of the facility.
Because each utility incurs storage
costs as long as their spent fuel is stored temporarily, they
will continue to put pressure on the federal government to accept
fuel at a federal facility as soon as possible.
Read about PFS's partner,
the Skull Valley Band of Goshute
Indians.
- [ About The Project ]
- [ The Need ]
[ History of Nuclear Waste Policy ]
[ Why Utah? ] [ The Facility ] [ How It Works ] [ Transportation ] [ The Licensing Process ]
[ PFS and Its Partners ]
[ Who Will Benefit ]
[ Voices For PFS ]
[ FAQs ] [ What's New ] [ Helpful Resources ]
[ Contact Us ]
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