Decommissioning Fund for Nuclear Facilities and Waste Disposal Fund for Nuclear Power Plants STENFO
Most radioactive waste occurs as a result of power generation in the five Swiss nuclear power plants. It also originates from applications in medicine, industry and research. This is known as MIR waste.
The funds’ mission
The “causer must pay” principle applies to the disposal of radioactive waste. The nuclear power plant operators are responsible for disposal of the spent fuel elements, together with radioactive waste from operation and subsequent decommissioning and dismantling of the nuclear power plants.
Two funds (the Decommissioning and Waste Disposal Funds) under the supervision of the Federal authorities exist to secure financing for decommissioning and waste disposal. The Nuclear Energy Act (NEA) and the Ordinance on the Decommissioning and Waste Disposal Fund for Nuclear Facilities (SEFV) regulate the details.
Financing of decommissioning and waste disposal
By means of this procedure, the legislator ensures that the moneys needed for decommissioning and waste disposal when nuclear power plants are taken out of service are paid into the funds by the power plant operators.
Once every five years, the predicted costs of decommissioning and disposal of waste from the nuclear power plants are reviewed. The contributions to be paid into the fund each year are determined on the basis of these cost calculations and of a financial-mathematical model. When the power plants are taken out of service, the moneys needed for decommissioning and waste disposal are available in the funds.
Fund management body
The two funds are placed under the supervision of the Federal authorities. The Administrative Commission of the Decommissioning and Waste Disposal Fund (STENFO) is the managing body of the funds and takes all the important decisions.