GE Hitachi Nuclear Energy (GEH) and Iberdrola Generación Nuclear S.A. signed a memorandum of understanding (MOU) to cooperate towards advancing GEH’s PRISM reactor design for the disposition of the UK’s plutonium stockpile.
The MOU allows the proposal to deploy PRISM to further advance. PRISM is a fast neutron reactor that would burn used nuclear fuel and plutonium to generate energy.
The agreement builds on long-standing partnerships between Iberdrola and GEH in the development and deployment of nuclear projects, including the Cofrentes and Santa María de Garoña nuclear power plants in Spain. It will allow the companies to discuss the potential roles and business arrangements focusing on each other’s core strengths and capabilities in further developing the PRISM proposal for plutonium disposal in the UK. The UK is currently storing more than 100 tonnes of plutonium at the Sellafield site, and that is expected to increase to 140 tonnes.
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