Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Wednesday, February 8, 2017

AREVA, NorthStar, Form Decommissioning Partnership

AREVA, NorthStar, Form Decommissioning Partnership
 
AREVA Nuclear Materials and New York-based NorthStar, a nuclear services company that focuses on decommissioning and demolition, said they had formed a new joint venture named Accelerated Decommissioning Partners (ADP) that would dismantle plants and manage spent fuel inventories.

ADP “is working with a U.S. power company to assess the decommissioning and dismantling of multiple nuclear reactor facilities scheduled for shutdown,” a joint statement says. That process is expected to come to a conclusion by the end of the year. It will involve “the negotiation of terms for the transfer of ownership of the sites and their used fuel inventory,” the statement said. http://nuclearstreet.com/nuclear_power_industry_news/b/nuclear_power_news/archive/2017/02/03/areva_2c00_-northstar_2c00_-form-decommissioning-partnership-020301#.WJtb1RCXSNZ

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