It has formed a US-based joint venture, Comprehensive Decommissioning International (CDI), with Holtec International. Decommissioning has become a rapid growth market in the US, with a forecast value exceeding US$14bn over the next 10 years.
SNC-Lavalin claims that CDI鈥檚 use of innovative technologies means that it is the best-equipped company to cut the total time elapsed to release plant sites for unrestricted use to eight years or fewer. The predicted timings are subject to local regulatory approvals and exclude temporary dry storage installation.
聽鈥淐DI鈥檚 vision is to become the leading decommissioning contractor in this market,鈥� said Pierre Oneid, Holtec鈥檚 senior vice-president and chief nuclear officer. 鈥淣ow is the time to invest and the parent companies are bringing their joint skills, technologies and financial strength together to lead the way in decommissioning and spent fuel storage.鈥�
鈥淭his joint venture expands our existing collaboration with SNC-Lavalin on our small modular reactor, the SMR-160, to the decontamination and decommissioning sector of the nuclear industry,鈥� said Holtec鈥檚 president and CEO, Dr Kris Singh. 鈥淲e will leverage our used fuel storage and transport expertise, now in use by 110 nuclear reactors around the world, to pave the way for what we call prompt decommissioning.鈥�
鈥淪NC-Lavalin continues to expand its participation in the nuclear value chain, working with its valued partner, Holtec,鈥� said Sandy Taylor, SNC-Lavalin鈥檚 president, Nuclear. 鈥淥ver and above our collaboration with Holtec for small modular reactors, the unique contributions of our respective companies bring a complete solution to reactor decontamination and decommissioning, bringing technology and innovation to fuel management and facilities dismantlement.鈥�
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