- □ Doosan Heavy Industries & Construction (Chairman and CEO Geewon Park) announced on August 25 that it had signed an agreement with NAC International (NAC), a U.S.-based nuclear services company, for the joint development of Cask, a spent nuclear fuel storage system. In attendance at the signing ceremony held at Doosan’s Seoul Office were officials from the two companies including CEO Kent Cole of NAC and Executive Vice President & CEO Habang Kim of Doosan’s Nuclear BG.
- □ Cask is a special container standing some 5 meters tall and weighing over 100 tons that is designed to carry and store spent fuel. Since spent fuel constantly emits intense levels of radiation and heat, the storage system requires a special design and production technology for transportation and storage.
- □ According to the Public Engagement Commission on Spent Nuclear Fuel Management in Korea, the storage capacity for spent fuel of the Hanbit plant will reach its full capacity in 2024. As the demand for spent fuel storage systems is likely to increase, Doosan plans to develop the CASK and expand it as a new business line in the nuclear sector in the future. To date, no other Korean company has developed a design technology for a long-term storage system.