The calculation of the total cost of decommissioning is challenging, as there are large differences between countries regarding inclusion of certain costs, such as on-site storage of fuel and radioactive waste from decommissioning, dismanting of non-radioactive buildings and structures, and transport and (final) disposal of radioactive waste. Moreover, estimates of future costs of deferred decommissioning are virtually impossible, due to the long period, where inflation and rising costs are unpredictable. Nuclear decommissioning projects are characterized by high and highly variable costs, long schedule and a range of risks. Compared with non-nuclear decommissioning, additional costs are usually related with radiological hazards and safety & security requirements, but also with higher wages for required higher qualified personnel. Benchmarking, comparing projects in different countries, may be useful in estimating the cost of decommissioning. While, for instance, costs for spent fuel and high-level-waste management significantly impacts the budget and schedule of decommissioning projects, it is necessary to clarify which is the starting and the ending point of the decommissioning process. The effective decommissioning activities begin after all nuclear fuel has been removed from the plant areas that will be decommissioned and these activities form a critical component of pre-decommissioning operations, thus should be factored into the decommissioning plan. The chosen option – immediate or deferred decommissioning – impacts the overall costs. Many other factors also influence the cost. A 2018
KPMG article about decommissioning costs observes that many entities do not include the cost of managing spent nuclear fuel, removed from the plant areas that will be decommissioned (in the US routinely stored in
ISFSIs). In 2004, in a meeting in
Vienna, the
International Atomic Energy Agency estimated the total cost for the decommissioning of all nuclear facilities. Decommissioning of all nuclear power reactors in the world would require US$187
billion; US$71 billion for fuel cycle facilities; less than US$7 billion for all research reactors; and US$640 billion for dismantling all military reactors for the production of weapons-grade
plutonium, research fuel facilities,
nuclear reprocessing chemical separation facilities, etc. The total cost to decommission the
nuclear fission industry in the
World (from 2001 to 2050) was estimated at US$1
trillion. Market Watch estimated (2019) the global decommissioning costs in the nuclear sector in the range of US$1 billion to US$1.5 billion per 1,000-megawatt plant. In the European Union and other regions, public and segregated models are more common, where the state establishes an independent fund that collects fees and oversees decommissioning activities. Switzerland has a central fund for decommissioning its five nuclear power reactors, and another one for disposal the
nuclear waste. Germany has also a state-owned fund for decommissioning of the plants and managing radioactive waste, for which the reactor owners have to pay. The UK Government (the taxpayers) will pay most of the costs for both nuclear decommissioning and existing waste. The decommissioning of all
Magnox reactors is entirely funded by the state. Since 2010, owners of new nuclear plants in the Netherlands are obliged to set up a decommissioning fund before construction is started.
Underfunding The economic costs of decommissioning will increase as more assets reach the end of their life, but few operators have put aside sufficient funds. In Feb 2017, a committee of the French parliament warned that the state-controlled
EDF has underestimated the costs for decommissioning.
France had set aside only €23 billion for decommissioning and waste storage of its 58 reactors, which was less than a third of 74 billion in expected costs, Similar concerns about underfunding exist in the United States, where the
U.S. Nuclear Regulatory Commission has located apparent decommissioning funding assurance shortfalls and requested 18 power plants to address that issue. The decommissioning cost of
Small modular reactors is expected to be twice as much respect to Large Reactors.
Examples by country in Germany was taken out of service in April 2023. In France, decommissioning of
Brennilis Nuclear Power Plant, a fairly small 70 MW power plant, already cost €480 million (20x the estimate costs) and is still pending after 20 years. Despite the huge investments in securing the dismantlement, radioactive elements such as
plutonium,
caesium-137 and
cobalt-60 leaked out into the surrounding lake. In the UK, the decommissioning of civil nuclear assets were estimated to be £99 to £232 billion (2020), earlier in 2005 under-estimated to be £20-40 billion. The
Sellafield site (Calder Hall, Windscale and the reprocessing facility) alone accounts for most of the decommissioning cost and increase in cost; as of 2015, the costs were estimated £53.2 billion. A 2013 estimate by the United Kingdom's
Nuclear Decommissioning Authority predicted costs of at least £100 billion to decommission the 19 existing United Kingdom nuclear sites. In Germany, decommissioning of
Niederaichbach nuclear power plant, a 100 MW power plant, amounted to more than €143 million. Lithuania has increased the prognosis of decommissioning costs from €2019 million in 2010 to €3376 million in 2015. after a complaint by owners and operators of nuclear power plants. By 2021, the Fund had a balance of more than $44 billion, including interest. Later, the Fund has been put back into the general fund and is being used for other purposes. As the plan for the
Yucca Mountain nuclear waste repository has been canceled, DOE announced in 2021 the establishing of an interim repository for nuclear waste. Because the government has failed to establish a central repository, the federal government pays about half-a-billion dollars a year to the utilities as penalty, to compensate the cost of storage at more than 80 ISFSI sites in 35 states as of 2021. KPMG estimated the total cost of decommissioning the US nuclear fleet as of 2018 to be greater than US$150 billion. About two-thirds can be attributed to costs for termination of the NRC operating licence; 25% to management of spent fuel; and 10% to site restoration. == International collaboration ==