Holtec International has announced a contract to design and manufacture casks for moving waste from Swedish nuclear plants to storage facilities off site.
The contract, announced last week, is with the Swedish Nuclear Fuel and Waste Management Company (SKB), which hired Holtec to design transport casks for spent fuel last year. The company did not disclose the value of the latest contract. It will provision International Atomic Energy Agency Type B transport casks for operational and decommissioning waste. Florida-headquartered Holtec plans to license the cask in both Sweden and the United States.
"Our cask will provide SKB, for the first time, the ability to transport this waste offsite to a central storage facility or final repository, enabling maximum flexibility in SKB's backend management plans,” Holtec Director of International Projects Rick Springman said in a release.
According to the World Nuclear Association, the commercial nuclear market in Sweden encompasses 10 reactors that provide about 40 percent of the country's power. SKB was formed in 1977 by Vattenfall, Forsmark, OKG and E.ON Sweden to manage and dispose of commercial nuclear waste.