The US is set to invest $15.8 million (£10.3m) over five years for research and development of nuclear fuel storage in the country.
The Department of Energy (DoE) said the private industry would contribute at least 20% of the total cost of the project, which is part of its commitment to develop an “effective strategy” for the safe and secure storage and management of used nuclear fuel.
The project will design and demonstrate dry storage technology for high “burn-up” nuclear fuels that have been removed from commercial power plants. In the nuclear industry, burn-up refers to the power extracted from reactor fuels.
Pete Lyons, Assistant Secretary for Nuclear Energy said: “The Energy Department is committed to advancing clean, reliable and safe nuclear power – which provides the largest source of low-carbon electricity in the United States. At the same time, the Department is working to address the challenges of the back end of the fuel cycle, including advancing secure and reliable extended storage and dry cask technologies.”
The project will be led by the Electric Power Research Institute (EPRI).