President Barack Obama's administration has decided it wants to terminate the Yucca Mountain nuclear waste storage facility project officially.

The Department of Energy has requested $197 million to explore alternatives for nuclear waste disposal, according to its proposed

fiscal year 2010 budget released Thursday.

All funding for development of the Yucca Mountain facility would be eliminated, such as further land acquisition, transportation access, and additional engineering, according to the budget.

A blue-ribbon panel of experts would evaluate alternative approaches to manage the nuclear waste from both commercial and defense activities.

The Yucca Mountain project site was initially intended to be about 90 miles north of Las Vegas. It would store millions of pounds of radioactive waste from more than hundred nuclear power reactors. The nuclear waste is currently stored at 121 temporary locations across the U.S.