World’s first nuclear waste storage facility in Finland moves forward – Energy Live News
Plans for what will be the world’s first underground nuclear waste disposal facility in Finland have taken a step forward, with a €500 million (£458m) investment. Developer Posiva, owned by Finnish utilities Fortum and Teollisuuden Voima, plans to store spent nuclear fuel at a depth of around 400 to 450 metres in the Onkalo bedrock on Olkiluoto island, around 230km northwest of Helsinki.
About The Author
Jim Hamilton
Jim Hamilton is the Executive Director of The Nuclear Decommissioning Collaborative. Jim has over twenty-years of experience managing the entire life-cycle (siting, design, permitting, construction, closure, decommissioning, remediation and redevelopment) of large-scale manufacturing, energy and infrastructure facilities throughout North, Central and South America.