Energy

The US nuclear industry’s safety record is stellar, in part thanks to NRC regulations that arose from Three Mile Island. But complying with NRC regulations is costly: annual ongoing regulatory costs can range from $7.4 million to $15.5 million per plant and can have significant impact on plants and companies’ profitability—with regulatory costs in some cases exceeding profit margins. But while complying with NRC regulations is necessary, the high costs don’t have to be. Nuclear plants can easily and cost-effectively meet NRC regulations with streamlinedemergency preparedness plans that rapidly address events while reducing potential for error.

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