Three Mile Island Alert's Questions on the
NRC’s Annual Assessment of the
Susquehanna Steam Electric Station
May 19, 2009
1) PPL sought to publicly hide the extent of their decommissioning losses in
an affidavit the Company submitted to the NRC on March 26, 2009. PPL’s
one year decommissioning losses are staggering by any standard. “The fair
value of investments that are legally restricted due the decommissioning of
the Susquehanna Nuclear plant was $446 million and $555 million in at
December 31, 2008 and 2007...” (PPL 2008 Annual Report, Nuclear
Decommissioning, p. 191)
PPL lost $109 million from the fund in one year and now has$446
million out of projected $936 million (2002 dollars) needed to
decommission it operating nuclear units.
How will PPL recoup the losses after 12/31/2009?
