/Of DOW JONES NEWSWIRES/170 words/3 March 2010/16:55/Dow Jones News Service/DJ/English/(c) 2010 Dow Jones & Company, Inc.
WASHINGTON (Dow Jones)--The U.S. Energy Department on Wednesday filed to withdraw an application for a nuclear-waste repository at Yucca Mountain, formally seeking to reverse a Bush administration policy.
The Obama administration's Energy Department has said that it hopes to develop a new plan for long-term disposal of nuclear waste. The Energy Department has established a blue-ribbon panel to make recommendations.
The application has been pending with the Nuclear Regulatory Commission since June 2008, when the Bush administration applied for a license for the first national repository for spent nuclear fuel and high-level radioactive waste. The U.S. Environmental Protection Agency later set radiation standards for the proposed facility, and the government awarded a $2.5 billion contract to a URS Corp. (URS) unit to manage the facility.-By Siobhan Hughes, Dow Jones Newswires; 202-862-6654; siobhan.hughes@dowjones.com [ 03-03-10 1821ET ]
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