Maine Yankee

Basic Facts:

  • Location: Wiscasset, Maine
  • Owner: Maine Yankee Atomic Power Co.
  • Total Construction Cost: $1.4B (2018$)
  • Total Plant Output: 860 MW
  • Property Size: 180 acres
  • Status: Decommissioning Complete 2005
  • Decommissioning Cost: $700M (2018$)
  • Spent Nuclear Fuel on Site: 542 metric tons
Maine Yankee Photo

Background

Maine Yankee was an 860 MW pressurized water reactor located on Bailey Point near the town of Wiscasset, Maine.  Plant construction lasted from 1968 to 1972.  Commercial operations began in 1972 and ran through 1996.  The plant was permanently shut down in 1997 for economic reasons.

Decommissioning

Plant decommissioning commenced in 1998.  In 2004, all spent fuel had been transferred to on-site dry storage.  Plant decommissioning was completed in 2005.  That year the federal license for the site was also reduced to the Stand Alone Independent Spent Fuel Storage Installation (ISFSI) site. The NRC license will be terminated after the ISFSI is decommissioned. The plant owners have made no decisions regarding the disposition of the former plant site property and have established no timetable for making such a decision. Additional decommissioning information may also be found at the company website. 

Socioeconomics

Maine Yankee is located in Lincoln County, Maine. As of 2016:

  • Population: 34,000
  • Per Capita Annual Income: $46,000
  • Unemployment rate (not seasonally adjusted): 2%

In 1996, one year before decommissioning, Maine Yankee paid the town of Wiscasset $12.8 million in property taxes, roughly 91 percent of the town’s tax base.  In 1997, Maine Yankee paid $10 million in taxes in 2001, the plant paid $1.6 million in taxes.  Today in steady state ISFSI operations, the property taxes are approximately $1M annually.

Contact Information

Economic Development Administration Representative:

  • Matt Suchodolski, Philadelphia Regional Office, t: (215) 597-1242, e: [email protected]

Economic Development District

University Center

Nuclear Regulatory Commission Contact (Spent Fuel Storage)

Unless specific costing information has been provided, decommissioning costs were derived from 2017 Decommissioning Funding Status Report.
Information herein obtained from public sources. Corrections are welcome and may be directed to [email protected].

Additional Information

Wiscasset escalates a feud with Maine Yankee over $1.6M in taxes

February 26, 2024

Wiscasset escalates a feud with Maine Yankee over $1.6M in taxesAfter challenging the exemption in court late last year, the town is now making a separate push for legislation that would specifically bar Maine Yankee from using the tax incentive that’s meant for facilities that control air pollution.

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Maine Yankee, Wiscasset clash over nuclear waste site taxes with millions at stake

February 9, 2024

Maine Yankee, Wiscasset clash over nuclear waste site taxes with millions at stake Maine Yankee was granted an environmental exemption to avoid paying property taxes on its Wiscasset nuclear storage facility that the town valued at nearly $94 million.

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Wiscasset calls residents’ attention to Feb. 6 hearing on issue that impacts Maine Yankee taxes

February 6, 2024

Wiscasset calls residents’ attention to Feb. 6 hearing on issue that impacts Maine Yankee taxes The Wiscasset Selectboard encourages residents to contact their local legislators to express support for LD 2027, “An Act to Clarify the Property Tax Exemption for Air Pollution Control Facilities.” The Maine State Legislature’s Joint Committee on…

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A permanent nuclear waste storage facility is long overdue

March 17, 2023

Editorial: A permanent nuclear waste storage facility is long overdue The BDN Editorial Board operates independently from the newsroom, and does not set policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com. At a recent hearing of the U.S. Senate Energy and Natural Resources Committee, there was a lot […]

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A permanent storage site for nuclear waste is long overdue for Wiscasset and other communities

July 23, 2021

Editorial: A permanent storage site for nuclear waste is long overdue, for Wiscasset and other communities The BDN Editorial Board operates independently from the newsroom, and does not set policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com. Nuclear waste doesn’t belong in Wiscasset. Or in more than 100 […]

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Armed guards protect tons of nuclear waste that Maine can’t get rid of

July 19, 2021

Armed guards protect tons of nuclear waste that Maine can’t get rid of The waste – 1,400 spent nuclear fuel rods housed in 60 cement and steel canisters, plus four canisters of irradiated steel removed from the nuclear reactor when it was taken down – is safe for now, but can’t stay in Wiscasset forever.

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Wiscasset could get $8M in compensation for storing nuclear waste

August 4, 2019
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Federal bill would help Wiscasset with stranded nuclear waste

July 14, 2019
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Decades later, Maine Yankee plant stuck with spent nuclear fuel as feds pick up $10M tab

June 19, 2019
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Sen. King blasts Maine Yankee handling at nuclear energy bill hearing

May 5, 2019
Read More

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