ENR reports that a nuclear waste repository for spent nuclear fuel in Sweden could begin construction as early as 2016. The facility would consist of 50km of tunnels in granite bedrock up to 500-m deep. The proposed site is approximately 75-km north of Stockholm. The projected cost of the facility is $2.5 billion to $3.2 billion (US$ I presume). The Swedes would be chasing the Finns who might be the first country to have a permanent underground nuclear waste repository for spent nuclear fuel. (Illustration by BBC of Finland’s proposed repository)
More problems for the US Department of Energy related to the Yucca Mountain Nuclear Waste Repository. The New York Times is reporting that the DOE is already 10 years behind in a commitment made to Power Companies to store their nuclear waste, and according to the DOE, it will likely be at least another 10 years before they are able to begin accepting waste for permanent storage. Who cares you ask? Well, the US has already payed out $342 million in 60 lawsuits filed by utility companies, and that total could reach $11 billion according to government estimates or $35 billion according to industry estimates before Yucca Mountain finaly opens and begins accepting waste. Source: New York Times by way of Ontario-geofish.