The United States federal government will pay $45.5 million to settle a lawsuit filed by Wisconsin Electric over what it says is the Department of Energy’s failure to dispose of high-level radioactive waste from the Point Beach nuclear plant. The 1982 Nuclear Waste Policy Act was created to allow utilities to begin taking used nuclear fuel from nuclear power plants for disposal in a permanent repository, which was expected to be Yucca Mountain in Nevada.
Wisconsin Electric, part of WE Energies, filed the lawsuit in the U.S. federal claims court in November 2000.
Wisconsin Electric intends to return the $31 million net proceeds after litigation costs to its customers, and has written to the Wisconsin Public Service Commission to enable it to set up the necessary mechanisms, according to World Nuclear News.
Wisconsin Electric sold the Point Beach nuclear power plant to FPL Energy in 2007.
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