Posiva and SKB continue cooperation in the final disposal of nuclear fuel
Posiva and SKB, a Swedish-based nuclear waste management company, have signed a three-year cooperation contract related to the research and development of the final disposal of spent nuclear fuel. Through the cooperation, the companies can effectively utilise their resources in encapsulation and final disposal technology.
Finland and Sweden are leaders in the preparations for final disposal. Continuing the cooperation promotes the goals of Posiva and SKB to proceed in constructing final disposal facilities as both companies utilise the same technology in the implementation of final disposal.
"Several years of cooperation between Posiva and SKB have been a great advantage for both parties and as the companies are now proceeding to the construction stage of the final disposal facilities, it is more than well-justified to continue the contract," says Reijo Sundell, President of Posiva.
"The joint development of the final disposal technology means that the resources of the companies are utilised effectively and the outcome is better than when operating alone," says Claes Thegerström, Managing Director of SKB.
Last spring, SKB submitted a license application to the authorities to build a final disposal facility in Forsmark in the municipality of Östhammar and an encapsulation plant in Oskarshamn. If the Swedish government gives a favourable decision in 2014, SKB estimates that it can commence final disposal in 2025.
In Olkiluoto, Posiva is constructing the underground characterisation facility, ONKALO, which reached the final disposal depth last year. The intention is to submit the construction license application for the actual final disposal facility to the Finnish government next year. The goal is to commence final disposal in 2020.