Obama Names Nuclear Waste Disposal Panel

Oswego, NY – Companies who store spent fuel and nuclear waste on site, like the three power plants near Oswego, could have an answer for how they can safely dispose of used fuel.

A newly announced panel by President Obama is coming up with finding alternatives for this disposal, such as in Yucca Mountain in Nevada.

"For the foreseeable future, the used fuel that is today safely and securely stored at the plant sites will continue to be stored there," said Steve Kerekes with the Nuclear Energy Institute.

He says one possible alternative would be to recycle used waste.

Kerekes is hopeful that the panel will come up with a feasible solution that will please everyone. Until that happens, things will remain the same.

An initial report from President Obama's panel is due in June of 2011, and a final report is due in 2012.