Document: NRC Regulatory Guide
Document ID: 8ebf2253-f3d2-4bcd-ac80-7cbf6ab8d420
Document Type: regulatory_guide
Title: Assuring the Availability of Funds for Decommissioning Nuclear Reactors + HISTORY –HISTORY 02/2022 – DG-1348 Revision 1, Proposed Revision 3 06/2018 – DG-1348 , Proposed Revision 3 11/2016 – Periodic Review of Revision 2 – Reviewed with no issues identified 01/2011 – DG-1229 , Proposed Revision 2 05/2001 – DG-1106 , Proposed Revision 1 05/1989 – DG-1003 , Proposed Revision 0 (Rev. 1)
Source: NRC Regulatory Guide Division 1
Source URL: https://www.nrc.gov/docs/ML2134/ML21347A081.pdf
Revision Date: 2023-05
Chapter: 
Section ID: RG-1.159
CFR Part: 
CFR Title: 

Content:
aintained, and continued surveillance is carried out, until the radioactivity decays to a level permitting release of the property for use in accordance with the NRC’s definition of decommission. So that a lack of funds does not result in delays in, or improper conduct of, decommissioning that may adversely affect public health and safety, the NRC’s regulations require that applicants and licensees provide reasonable assurance that adequate funds will be available at the end of operation to decommission the facility. To provide this reasonable assurance, the regulations require that two factors be considered; namely, the amount of funds needed to decommission the facility and the method used to provide financial assurance for the funds. DG-1348 Revision 1, Page 7 Amount of Funds for Decommissioning Estimating the minimum amount of funds needed for decommissioning is important to prevent funding shortfalls that could adversely affect public health and safety. Requirements for establishing the minimum funding amounts for decommissioning are set out in 10 CFR 50.33(k), 10 CFR 50.75, 10 CFR 50.82(a)(4), 10 CFR 50.82(a)(8), 10 CFR 50.82(a)(9), 10 CFR 50.82(b)(3), 10 CFR 50.82(b)(4), 10 CFR 52.110(d)(1), 10 CFR 52.110(h), and 10 CFR 52.110(i). These include the following: (1) An initial certification amount (or, for non-power production or utilization facility licensees, a site-specific decommissioning cost estimate), established at the operating license stage, is required under 10 CFR 50.75(b) and 10 CFR 50.75(c)(1). (2) Adjustments to the certification amount (or site-specific decommissioning cost estimate) are required over the operating life and storage period, if any, of the facility. Specifically, 10 CFR 50.75(b) requires each power reactor licensee to adjust the initial certification amount annually by use of the equation in 10 CFR 50.75(c)(2) (non-power production or utilization facility licensees submit per 10 CFR 50.75(d)(1)), which provides for escalation