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SNC Lavalin, Holtec poised to cash in on the world’s massive nuclear de3commissioning, nuclear waste problems

The Energy Mix 10th March 2019 On the anniversary of the 2011 Fukushima nuclear disaster, investigative
journalist Paul McKay reveals that the trade in radioactive waste is
becoming a lucrative opportunity for SNC-Lavalin and its U.S. partner.
If it is true that one person’s garbage can be another’s gold, then
Montreal-based multinational SNC-Lavalin and its new U.S. partner, Holtec
International, plan to be big global players in what promises to be a very
lucrative, long-term business: handling highly radioactive nuclear wastes
until permanent disposal methods and sites might be found, approved, and
built.
That problem is pressing because the volume of spent reactor fuel is
cresting in the U.S., Canada, Europe, China, India, Russia, and Japan.
There are also hundreds of intensively contaminated reactors which must
sooner or later be entombed, dismantled, chopped up by robots, then sent in
special, sealed containers to interim storage sites somewhere.
But no country in the world has yet found a proven, permanent solution for the 250
million kilograms of spent fuel now in limbo in storage pools and
canisters, let alone the atomic furnaces which created them. There are now
about 413 operable civilian reactors in 31 countries, and another 50 under
construction. Physics tells us precisely how “hot” atomic garbage is.
Every commercial power reactor—regardless of model, type, country, or
owner/operator—contains the radioactive equivalent of many atomic bombs
locked within its spent fuel, reactor core, pumps, valves, and extensive
cooling circuits.

https://theenergymix.com/2019/03/10/hot-garbage-grifters-snc-lavalins-plan-to-turn-nuclear-waste-into-long-term-gold/

March 14, 2019 - Posted by | Canada, wastes

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