Exelon Corporation (EXC), Duke Energy Corp (DUK): How Much Nuclear Waste Does Your State Hold?

Page 1 of 2

One of the biggest critiques of nuclear energy is that it produces radioactive waste in the form of used nuclear fuel, or UNF. While the amounts are relatively small — just 20 metric tons per power plant annually — they remain radioactive for periods of time that are difficult for humans to comprehend. The waste adds up across the 100 nuclear reactors currently in operation across the United States. At last count, the country’s atomic fleet had produced approximately 69,720 metric tons of UNF over the past four decades.

More than 50 sites across the country are licensed for dry cask storage of spent nuclear fuel. Source: NRC.gov

Where does it all go? Power plants first store waste on-site in steel-lined concrete pools. After maxing out capacity, however, waste is stored in large dry casks similar to the ones pictured above. They may look intimidating, but there has never been a radiation leak since dry storage techniques were implemented in 1986.

Phew! No worries. But really, do you live in a state that hoards radioactive waste?

State-by-state breakdown
You may think that just because your state doesn’t have a nuclear power station it doesn’t have any nuclear waste. Of course, you may be wrong. While 31 states have an operating reactor, 38 contain at least some nuclear waste. That means seven states have really persuasive leaders! Here’s how it plays out for each state (numbers in metric tons):

Source: Nuclear Energy Institute.

If you live in one of the 12 white-colored states on the map above, you’re in the clear. For the rest of us, living within the same borders as spent fuel is just reality. Obviously, the states with more generating capacity will generate and therefore store more waste. The top 10 states hold 64% of all UNF in the United States.

State Metric tons of UNF
Illinois 9,010
Pennsylvania 6,290
South Carolina 4,210
New York 3,720
North Carolina 3,670
Alabama 3,320
Florida 3,040
California 2,970*
Georgia 2,690
New Jersey 2,660

Source: Nuclear Energy Institute.
*California’s total was updated as of Dec. 31, 2012 and is higher than what appears on the map. Sorry, California.

Who are the biggest culprits? Exelon Corporation (NYSE:EXC) is responsible for the majority of the waste currently being held in Illinois and Pennsylvania (that comes naturally with 19,000 MW of annual nuclear capacity). It has managed to persuade Idaho to store used fuel from its Three Mile Island reactors, however. The reactors and storage facility are more than 2,400 miles away. Sneaky, sneaky.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!