Re: Barnwell's Billion Dollar Deal

[jeff.king@srs.gov]

     My understanding, based on reading the local papers (which are, 
     predictably, somewhat interested), is that Barnwell is looking to sell 
     what are essentially "futures" in LLW Disposal.  Purchasing space now 
     would guarantee that it would be available later and you could sell 
     your space at a market price if you no longer desired it.  Seemed like 
     a win-win idea to me.
     
     Keep in mind that this is just personal recollection based on the 
     local papers and is not at all official.
     
     Jeff King
     Facility Representative
     DOE Savannah River Operations Office


______________________________ Reply Separator _________________________________
Subject: Barnwell's Billion Dollar Deal
Author:  LORENZEN_W@A1.TCH.HARVARD.EDU at Mailhub
Date:    11/19/97 9:47 AM


Looking for some feedback on the latest "long-term" waste disposal solution 
being offered by ChemNuc...
     
The proposal, as I understand it, is to have each of us pay the surcharge 
portion of a minimum volume allocation (100 cuft) for the next 20 years NOW.
     
Is any utility/large waste generator considering this as a real "solution"?
     
Is there anyone who is associated with a compact who can comment on this option
     
and/or if your compact/state is considering this?
     
Has Chen-Nuc. approached other states/compacts?
     
Massachusetts LLW Management Board has been discussing this with Chem-Nuc 
confidentially and have just this past week announced this proposed solution to
     
our long term waste problems publicly.
     
An average utility is looking at ~ 22 million in upfront money...
     
If Chem-Nuc. has not received the volumes they expected and thus have not been 
able to pay South Carolina the funds they "needed" or expected, why didn't they
     
just raise the fees to make up the shortfall?
     
I would think a pay-as-you-go option would be better even if it resulted in 
costs increasing each year.
     
William Lorenzen
Children's Hospital
Boston, MA
     
617-355-7516
lorenzen_w@a1.tch.harvard.edu