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Conference Spotlight
Nuclear Energy Conference & Expo (NECX)
September 8–11, 2025
Atlanta, GA|Atlanta Marriott Marquis
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World Bank, IAEA partner to fund nuclear energy
The World Bank and the International Atomic Energy Agency signed an agreement last week to cooperate on the construction and financing of advanced nuclear projects in developing countries, marking the first partnership since the bank ended its ban on funding for nuclear energy projects.
John R. Cochran, Patrick V. Brady, Ernest L. Hardin (SNL)
Proceedings | 16th International High-Level Radioactive Waste Management Conference (IHLRWM 2017) | Charlotte, NC, April 9-13, 2017 | Pages 810-817
Disposal of used nuclear fuel and vitrified high-level radioactive waste (UNF and HLW) in a mined geologic repository is the preferred alternative for the countries with the largest inventories of UNF and HLW. However, deep borehole disposal (DBD) may be especially well suited for countries with small nuclear power programs because DBD is relatively inexpensive and scalable; whereas the threshold costs to develop a mined geologic repository are high and do not scale with the inventory.
Historically, options for countries with small nuclear power programs (programs that individually generate only a few percent of the world total mass of UNF and/or HLW) have been: (1) to return the UNF to the supplier, (2) to have the SNF reprocessed, with return and in-country disposal of the resulting vitrified HLW in a mined geologic repository, (3) to develop in-country, direct disposal of the UNF in a mined geologic repository or (4) to send the UNF to a hypothetical multi-national mined geologic repository for disposal. However, in-country DBD is likely to be least expensive, and technically achievable with existing technology. In-country DBD could also be a viable alternative for disposal of used fuel assemblies from decommissioned research reactors in developing countries.