Studsvik signs landmark agreement to manage Norway’s legacy spent nuclear fuel

Studsvik has signed a long-term frame agreement with Norsk nukleær dekommisjonering (NND) to manage spent nuclear fuel from Norway’s former research reactors at Halden and Kjeller.

Under the agreement, which runs until 2055, Studsvik will transport about 16.5 tonnes of spent fuel to its facilities outside Nyköping, inspect and treat it, and store it until it is returned to Norway for final disposal.

The agreement has an estimated contractual minimum value of about SEK 875 million and an estimated total value for Studsvik of SEK 3–4 billion. Work starts with a pre-study, and each stage is subject to permits in both countries.

“This landmark agreement is the result of many years of work, and potentially one of the most significant in Studsvik’s history. Norway needs a safe and lasting solution for fuel that has been in temporary storage, and we have the facilities, the licences and the expertise to deliver it,” says Karl Thedeen, CEO of Studsvik.

Read the full press release here.

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