$11.1 Billion Sweden’s Nuclear Waste Management Plan

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A Swedish court just approved the plans that will foresee the construction nuclear waste dump site. This nuclear waste repository site was cleared under the condition that “it has to remain structurally sound for a period of 100,000 years,” the court indicated.

In preparation for this project, Sweden has already allocated the site that will be used for the development of the project. The site is located 500 metres underground and will be based in Forsmark, which is located approximately 130 kilometres north of Stockholm at the Baltic coast. Moreover, just to note, this location is where one of the countryโ€™s 3 nuclear plants is located.

Sweden’s Nuclear Waste Management Project/Program Factsheet

Program: Sweden Nuclear Waste Management Plan

Cost: Approximately $11.1 billion

Developer: Swedish Nuclear Fuel and Waste Management Company (SKB)

Significance: Nuclear waste management

Location: Forsmark and Oskarshamn

Also read:ย The Akkuyu Nuclear Power Plant: Worldโ€™s Largest Nuclear Construction Site

The Land and Environment Court permitted the Swedish Nuclear Fuel and Waste Management Company (SKB) to kick off construction works at the project site.

Furthermore, the court also permitted another site to be constructed at Oskarshamn. This is situated at the coast approximately 300 kilometres south of the countryโ€™s capital.

The site at Oskarshamn will possess an interim storage for storing the nuclear waste until it cools or decays into elements that are more stable.

It will then be embedded in cast iron and then be placed in copper canisters before being taken to Forsmark aboard the M/S Sigrid, which is a cargo ship that was designed by the company SKB and is incorporated with a number of enhanced safety features, like the reinforced double hull and watertights bulkheads.

Capacity of the Plant

When this process is undertaken to the fullest, this plant will have the capacity of processing around 200 canisters annually. Each of the canisters weighing approximately 2 tonnes.

โ€œThe operations are expected to run for about 70 years but can be further extended. This is if just in case the life span of the reactors are to be extended,โ€ the court mentioned.

When combined altogether, SKB expects the overall cost of the nuclear waste management program to amount to a whopping $11.1 billion.

Current State of Affairs of Nuclear Energy in Sweden

“Currently, nuclear power accounts for about 30%of the countryโ€™s national power supply. In an endeavor to expand the countryโ€™s nuclear energy, the government of Sweden made a proposal of investing over SEK1 billion ($97 million) in the year 2025 in order to expand its fossil-free electricity production,” a report indicates.

Nuclear energy accounts for 30% of the nation's power supply in Sweden
Nuclear energy accounts for 30% of the nation’s power supply in Sweden

“This will entail an increased investments in both the pilot and demonstration projects involving nuclear power projects,” the report added. “There will also be ensuring a smoother permitting process for allowing new reactors to be set up,” it concluded.

Lastly, just to note, Sweden has a total of six reactors that are currently fully operational. These reactors are located at the three existing nuclear power plants in the country. Sweden has also gotten to shut down a total of six reactors since the year 1999.

Also read:ย South Koreaโ€™s KHNP Beats Franceโ€™s Energy Giant to Win a Multi-Billion-Dollar Czech Nuclear Tender

 

 

 

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