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The Onkalo spent nuclear fuel repository is a deep geological repository for the final disposal of spent nuclear fuel. [1] [2] It is near the Olkiluoto Nuclear Power Plant in the municipality of Eurajoki, on the west coast of Finland. It will be the world's first long-term disposal facility for spent nuclear fuel.
The Onkalo spent nuclear fuel repository is a deep geological repository for the final disposal of spent nuclear fuel, the first such repository in the world. It is currently under construction at the Olkiluoto plant by the company Posiva , owned by the nuclear power plant operators Fortum and TVO .
All spent fuel will be permanently buried in bedrock. The Onkalo spent nuclear fuel repository at Olkiluoto was selected in 2000 to become the world's first deep geological repository of spent nuclear fuel. It will store the spent fuel from the plants owned by the utilities Fortum and TVO, that is, from the
Posiva, owned by Finnish utilities Fortum and Teollisuuden Voima, plans to bury used nuclear fuel around 400 metres (1,312 feet) deep in Onkalo bedrock on Olkiluoto island, some 230 km northwest ...
A rebuild of the ventilation system at the Waste Isolation Pilot Plant was delayed by three years and increased in cost by $200 million.
In 2019, Posiva Ltd. announced that the construction of the spent nuclear fuel handling facility for Onkalo and installation of the requisite equipment in the Onkalo tunnels will begin. [4] The contract was awarded to Skanska, and the expected date of completion will be in summer 2022. The operation of the facility will begin in the 2020s. [5]
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Fuel costs account for about 28% of a nuclear plant's operating expenses. [obsolete source] [51] As of 2013, half the cost of reactor fuel was taken up by enrichment and fabrication, so that the cost of the uranium concentrate raw material was 14 percent of operating costs. [52]