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RCED-84-21 1 (1984-03-28)

handle is hein.gao/gaobabelz0001 and id is 1 raw text is: gijif t o . -redw eid q RELEASED HI, of REPORT BY THE Comptroller General OF THE UNITED STATES Status And Commercial Potential Of The Barnwell Nuclear Fuel Plant In October 1981, President Reagan lifted the indefinite deferral on commercial reprocessing of nuclear spent fuel in the United States that the previous administration had established in 1977. This raised speculation that the Barnwell Nuclear Fuel Plant--a privately owned, partially constructed reprocessing plant--could become operational This report examines the status and the commercial poten- tial of the plant. Three overall observations can be drawn from the informa- tion presented in the report. --The potential for commercial reprocessing to dievelop in the United States is driven by economics in the private marketplace which is closely tied to the future role that nuclear power will have as a domestic energy source. --Before private industry seriously considers starting another commercial reprocessing venture, nuclear in- dustry representatives believe three issues associated with commercial reprocessing--the use of plutonium as a fuel source, an acceptable solidified high-level radio- active waste form, and guarantees against changes in federal policies--must be addressed --Technical assessments of the plant and GAO discus- sions with knowledgeable persons within and outside the government disclose no apparent fundamental prob- lems that currently would prohibit the plant from operat- ing when completed. A number of technical concerns and licensing issues need to be resolved, however, before the plant could operate as a commercial venture. In addition, the economic prospect for the plant as a commercial venture is not promising. S7rq U 123839 GAO/RCED-84-21 MARCH 28, 1984

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