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Lobbyist Money Help  

State looks into AmarenUE's power plant proposal

September 23, 1999
By: Aaron Cummins
State Capital Bureau

The state of Missouri is doing its part to make sure AmarenUE will have enough money to someday clean-up the Callaway nuclear power plant. Aaron Cummins has the story from the state capitol--

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OutCue: SOC

Missouri officials are looking over a proposal by AmarenUE to decide if the energy giant has correctly estimated the amount of money that will be needed to clean-up the Callaway plant.

The company estimates that when the plant is dismantled it will cost more than 500 million dollars.

Spokesman for AmarenUE Susan Gallagher says the current allocation of more than 6 million dollars per year is enough.

Actuality:gallagher
RunTime: 07
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Contents: Gallagher says that the current amount invested is sufficient given the returns they are getting from that money.

The license of the plant expires in 2024. But, if the plant is running well Gallagher says the company could apply for an extension to continue operating.

Reporting from Jefferson City, I'm Aaron Cummins.

Date: 09/23/99

By: Aaron Cummins

State Capital Bureau

AmarenUE says they will have enough money to someday clean-up the Callaway nuclear power plant. Aaron Cummins has that story from Jefferson City--

Story:
RunTime:
OutCue: SOC

As part of an agreement with the state, AmarenUE has set up an investment fund to pay for the eventual dismantling of the Callaway facility.

The energy giant says that the current payment of more than six million dollars per year is enough.

Spokesman for the company Susan Gallagher says the plant may or may not close when it's license expires.

Actuality:gallagher
RunTime: 09
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Contents: Gallagher says the plant's license expires in 2024, but the company can apply for relicensing of the plant.

Gallagher says the company estimates the cost of dismantling and cleaning-up the plant at more than five hundred million dollars.

From the state capitol, I'm Aaron Cummins