Challenges are opportunities. We are doing something that has never been done before. And that’s much of what makes it so exciting.
Around the world, about 450,000 metric tons of radioactive spent fuel is temporarily stored in pools and dry casks above ground. No spent nuclear fuel anywhere in the world has yet been placed in a permanent repository.
In the US, 1 in 3 Americans lives within 50 miles of a nuclear waste storage site.
Many sites are above ground and exposed to open air. With no present solution yet approved by the U.S. Government for permanent disposal, we realized private innovation was the only way to solve this problem.
Sources: Deep Isolation analysis of country-level and regional-level data in IAEA 2018 and ANS: Nuclear News (March 2018)
Americans are concerned and want Government to take action.
A recent survey conducted by the GfK KnowledgePanel Omnibus revealed that 90% of Americans support innovation to help solve the nuclear waste problem.
The majority of Americans also feel that the government should prioritize finding less expensive solutions and be able to contract with private companies for the disposal of nuclear waste.