If you follow news on nuclear waste, you know that the federal government is required by law to have a permanent disposal plan for our nation’s nuclear waste before engaging in temporary storage, or “consolidated interim storage” for commercial spent nuclear fuel. There are currently about 86,000 metric tons of this fuel in the U.S., stored on-site at operating or shutdown nuclear power plants in 33 states, an amount that continues to grow by about 2,000 metric tons a year (GAO). This is waste generated by nuclear power plants called ‘high-level radioactive waste’ (HLW), also known as ‘spent’ or ‘irradiated’ fuel. This waste contains plutonium, uranium, strontium, and cesium; it is most toxic and dangerous type of radioactive waste created by the nuclear industry and will be radioactive for millions of years.
Two private companies “Holtec” and “Interim Storage Partners” are proposing to build and operate facilities for HLW called “Consolidated Interim Storage Facilities (CISF)” in New Mexico and Texas. While federal law requires the government to have a permanent disposal solution, it does not explicitly prevent private entities from offering interim storage solutions. Enter money-gobbling Holtec and ISP.