Energy Secretary Chu vows to "accelerate" nuclear loan guarantees, while affirming Yucca dump's cancellation

Energy Secretary Steven Chu, at a briefing on the Department of Energy's priorities for 2010, admitted that finalizing the first round of $18.5 billion in taxpayer-backed nuclear loan guarantees for financing new atomic reactors has proven "more complicated" than he originally thought it would be. Chu assured that the first nuclear loan guarantees would be issued "soon," despite the fact that DOE's top pick candidates are plagued with problems: the partners behind the proposed South Texas Project "Advanced Boiling Water Reactors" are embroiled in a $32 billion internecine legal dispute; the AP1000s planned at Vogtle GA and Summer SC have a major safety related design flaw, as does the Areva "Evolutionary Power Reactor" targeted at Calvert Cliffs MD. On a brighter note, Chu affirmed that "Yucca Mountain is off the table," and added that his blue ribbon commission, established to study alternatives to Yucca, will not be charged with identifying a new centralized geologic repository to take its place. This raises the specter, however, that dirty, dangerous, and expensive reprocessing may be pushed as the latest "illusion of a solution" to the radioactive waste dilemma.

DOE and OMB "at odds" over speed of Yucca dump's cancellation?

A letter from U.S. Department of Energy Secretary Steven Chu to White House Office of Management and Budget Director Peter Orszag seems  to indicate a difference in positions as to how quickly the Yucca Mountain, Nevada high-level radioactive waste dumpsite should be phased out. Although President Obama and Energy Secretary Chu have made clear time and time again that Yucca is no longer an option for high-level radioactive waste disposal, the proposed repository's construction and operating license application proceeding before the U.S. Nuclear Regulatory Commission has been allowed to continue (in fact an oral hearing will be held at the end of this month in Las Vegas), raising the specter that the supposedly cancelled dump could come back to life someday under the right political circumstances. In the meantime, the State of Nevada Agency for Nuclear Projects, Timbisha Shoshone Indian Tribe, and other dump opponents must remain vigilant until the final nail has been pounded down on the dump's coffin lid.