Safety of Nuclear Waste Disposal
Safety of Nuclear Waste Disposal
SaND
Articles | Volume 2
Articles | Volume 2
https://doi.org/10.5194/sand-2-7-2023
© Author(s) 2023. This work is distributed under
the Creative Commons Attribution 4.0 License.
https://doi.org/10.5194/sand-2-7-2023
© Author(s) 2023. This work is distributed under
the Creative Commons Attribution 4.0 License.
Articles | Volume 2
Conference Abstract
 | 
06 Sep 2023
Conference Abstract |  | 06 Sep 2023

Lessons for the organization of nuclear decommissioning from the UK and the US: risks, challenges, and opportunities

Alexander Wimmers and Christian von Hirschhausen

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Short summary
With nuclear decommissioning moving out of niche research, questions on optimal organizational models arise. We compare the former market-based UK parent body organization model (now changed to a state-organized model) to the approach in the USA, which see an emergence of specialized actors in the field. We find that market-based approaches may bring advantages in terms of efficiency but also bear the risk of information asymmetry, high transaction costs, and financial liability issues.
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