Radioactive waste

Parsons Wins Seat on $245M U.S. Army Corps of Engineers Contract for Environmental Remediation

Retrieved on: 
Monday, February 26, 2024

The contract for environmental remediation activities has a five-year basic ordering period and represents new work for the company.

Key Points: 
  • The contract for environmental remediation activities has a five-year basic ordering period and represents new work for the company.
  • The contract will consist of projects funded by the Infrastructure Investment and Jobs Act related to the United States Environmental Protection Agency (USEPA) cleanup projects that protect public health and safety.
  • “Parsons delivers the full spectrum of environmental solutions using the latest technologies to deliver a cleaner, safer planet for our customers and future generations,” said Jon Moretta, president, Engineered Systems for Parsons.
  • The company is a leader in environmental remediation efforts with capabilities to meet challenges for air, land, and water.

Perma-Fix Joint Venture Receives Formal Award of European Waste Treatment Contract Valued at up to EUR 50 Million

Retrieved on: 
Thursday, December 21, 2023

ATLANTA, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced that the European Commission (EC) has formally awarded the previously announced multi-year contract, valued at up to EUR 50 million, for the treatment of radioactive waste from the Joint Research Center (JRC) in Ispra, Italy, to the Company’s joint venture with Campoverde Srl.

Key Points: 
  • ATLANTA, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced that the European Commission (EC) has formally awarded the previously announced multi-year contract, valued at up to EUR 50 million, for the treatment of radioactive waste from the Joint Research Center (JRC) in Ispra, Italy, to the Company’s joint venture with Campoverde Srl.
  • Mark Duff, Chief Executive Officer, stated, “We are proud to receive formal award of this contract to support the European Commission’s radioactive waste cleanup mission at JRC in Italy.
  • In addition to the revenue potential of this contract, it opens the door to an expansion of our offering across Europe.
  • Given our long and successful track record in the U.S., we look forward to replicating our capabilities in Europe.”

Perma-Fix Joint Venture Receives Notice of Intent to Award European Waste Treatment Contract Valued at up to EUR 50 Million

Retrieved on: 
Tuesday, November 28, 2023

Finalization of this award is subject to execution of a contract by the parties and, until executed, may be withdrawn by the contracting authority.

Key Points: 
  • Finalization of this award is subject to execution of a contract by the parties and, until executed, may be withdrawn by the contracting authority.
  • Mark Duff, Chief Executive Officer, stated, “We are honored that the European Commission has selected the Company’s joint venture with Campoverde Srl to support its radioactive waste cleanup mission.
  • This selection follows an extensive evaluation, and I am pleased to report that we met or exceeded all the requirements for this important project.
  • If the variance is granted, DOE announced the waste could be stabilized and disposed of at the nation’s two long-term disposal landfills in Texas and Utah.

Nuclear Decommissioning Services Market size in Europe to grow by USD 1.84 billion from 2023 to 2028; Growing government inclination toward renewable energy to drive the growth- Technavio

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The nuclear decommissioning services market in Europe is expected to grow by USD 1.84 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The nuclear decommissioning services market in Europe is expected to grow by USD 1.84 billion from 2023 to 2028.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View PDF Sample
    The growing government inclination toward renewable energy is a key factor driving market growth.
  • The Rapid Thermal Processing Equipment Market size is estimated to grow at a CAGR of 6.39% between 2022 and 2027.

Medical Waste Management Market to Reach US$15.3B by 2033 as Demand Grows to Reduce Environmental Hazards and Protect Health | Future Market Insights, Inc.

Retrieved on: 
Wednesday, October 18, 2023

NEWARK, Del., Oct. 18, 2023 /PRNewswire/ -- In terms of value, the global net demand for medical waste management systems was estimated to be around US$ 7,592.9 million in 2022. The overall market for medical waste management systems is projected to grow at an annual rate of 6.6% between 2023 and 2033. Following this promising growth rate, the global market value is poised to reach a valuation of around US$ 15,336.9 million by 2033.

Key Points: 
  • The global medical waste management market is expected to reach US$15.3 billion by 2033, driven by the need to reduce environmental hazards and avoid adverse health outcomes.
  • Medical waste streams require specialized knowledge, tools, and disposal techniques, which makes specialized medical waste management services essential
    Analysis of the Medical Waste Management System Market by Bio Hazardous Waste, Non-hazardous Waste, Sharps Waste, Pharmaceutical Waste, Radioactive Waste, and Other Wastes, Opportunities and Forecast 2023-2033
    NEWARK, Del., Oct. 18, 2023 /PRNewswire/ -- In terms of value, the global net demand for medical waste management systems was estimated to be around US$ 7,592.9 million in 2022.
  • The overall market for medical waste management systems is projected to grow at an annual rate of 6.6% between 2023 and 2033.
  • Particularly, there is a rising need for specialist medical waste management services that handle and eliminate different radioactive or infectious waste.

Medical Waste Management Market to Reach US$15.3B by 2033 as Demand Grows to Reduce Environmental Hazards and Protect Health | Future Market Insights, Inc.

Retrieved on: 
Wednesday, October 18, 2023

NEWARK, Del., Oct. 18, 2023 /PRNewswire/ -- In terms of value, the global net demand for medical waste management systems was estimated to be around US$ 7,592.9 million in 2022. The overall market for medical waste management systems is projected to grow at an annual rate of 6.6% between 2023 and 2033. Following this promising growth rate, the global market value is poised to reach a valuation of around US$ 15,336.9 million by 2033.

Key Points: 
  • The global medical waste management market is expected to reach US$15.3 billion by 2033, driven by the need to reduce environmental hazards and avoid adverse health outcomes.
  • Medical waste streams require specialized knowledge, tools, and disposal techniques, which makes specialized medical waste management services essential
    Analysis of the Medical Waste Management System Market by Bio Hazardous Waste, Non-hazardous Waste, Sharps Waste, Pharmaceutical Waste, Radioactive Waste, and Other Wastes, Opportunities and Forecast 2023-2033
    NEWARK, Del., Oct. 18, 2023 /PRNewswire/ -- In terms of value, the global net demand for medical waste management systems was estimated to be around US$ 7,592.9 million in 2022.
  • The overall market for medical waste management systems is projected to grow at an annual rate of 6.6% between 2023 and 2033.
  • Particularly, there is a rising need for specialist medical waste management services that handle and eliminate different radioactive or infectious waste.

Why Japan has started pumping water from Fukushima into the Pacific – and should we be concerned?

Retrieved on: 
Friday, August 25, 2023

Japan’s decision to release water from the Fukushima nuclear power plant has been greeted with horror by the local fishing industry as well as China and several Pacific Island states.

Key Points: 
  • Japan’s decision to release water from the Fukushima nuclear power plant has been greeted with horror by the local fishing industry as well as China and several Pacific Island states.
  • China – which together with Hong Kong imports more than US$1.1bn (£866m) of seafood from Japan every year – has slapped a ban on all seafood imports from Japan, citing health concerns.
  • Japan remains steadfast in its assurance that the water is safe.

Contaminated water

    • Since the accident, water has been used to cool the damaged reactors.
    • But, as the reactor core contains numerous radioactive elements, including ruthenium, uranium, plutonium, strontium, caesium and tritium, the cooling water has become contaminated.
    • Tritium is a radioactive form of hydrogen that forms water molecules with properties similar to regular water.
    • To safely store the water that will continue to be contaminated over that time (some 100 tonnes of water each day), the plant’s operators will need to construct an additional 2,700 storage tanks.

Should we be concerned?

    • However, much of this research has focused on organisms such as zebrafish and marine mussels.
    • Interestingly, the zebrafish were exposed to tritium concentrations similar to those estimated to be in the storage tanks at Fukushima.
    • Marine organisms within the discharge zone will experience consistent exposure to this low concentration over the next 30 years.

But that’s not everything

    • The amount of tritium used in this study was over 3,000 times less than that used in the French study.
    • But it still exceeded the levels being discharged into the Pacific Ocean from Fukushima by almost 250 times.

The Kimba nuclear waste plan bites the dust. Here's what went wrong and how to do better next time

Retrieved on: 
Friday, August 11, 2023

The federal government has scrapped plans to build the nation’s first radioactive waste storage facility on farmland near Kimba in South Australia.

Key Points: 
  • The federal government has scrapped plans to build the nation’s first radioactive waste storage facility on farmland near Kimba in South Australia.
  • That’s because the “decide and defend” model, where a government decides to put radioactive waste somewhere and then attempts to defend it against the community, hasn’t worked anywhere.
  • Those countries still don’t have any process for long-term management of radioactive waste.
  • The only way to manage our radioactive waste is to engage the community from the start.

Stacking the deck

    • The traditional owners had not been consulted – in fact they were specifically excluded from the consultation process.
    • On Thursday morning, Federal Resources Minister Madeleine King told the House of Representatives she would not challenge the Federal Court decision.
    • King noted the amount of radioactive waste will keep growing, and said her department has begun work on alternative proposals.

Consulting traditional owners is crucial

    • If buried under a few metres of earth, the radiation reaching the surface is not much above normal background levels.
    • Anywhere we want to store radioactive waste in Australia is the traditional land of a group of Indigenous people.
    • Read more:
      There's a long and devastating history behind the proposal for a nuclear waste dump in South Australia

What should happen next?

    • The idea of shifting intermediate-level waste from Lucas Heights to another temporary store 1,700km away is particularly silly.
    • There’s no obvious reason it would have been better in a temporary store at Kimba than in the current temporary store of Lucas Heights.
    • Read more:
      Australia hasn't figured out low-level nuclear waste storage yet – let alone high-level waste from submarines

Looking ahead

    • But they also held out an olive branch to the federal government, recognising the waste problem hasn’t gone away.
    • ACF looks forward to constructive dialogue with the Albanese government to help develop a new and responsible approach to radioactive waste management in Australia.

Nuclear Waste Management Market to Reach $5.7 Billion, Globally, by 2032 at 1.9% CAGR: Allied Market Research

Retrieved on: 
Thursday, August 3, 2023

PORTLAND, Ore., Aug. 3, 2023 /PRNewswire/ -- Allied Market Research published a report titled, "Nuclear Waste Management Market by Waste Type (Low-Level Waste, Intermediate-Level Waste, and High-Level Waste), Reactor Type (Pressurized Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, and Pressurized Heavy Water Reactor), and by Disposal Method (Incineration, Storage, Deep Geological Disposal, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global nuclear waste management industry generated $4.8 billion in 2022 and is estimated to reach $5.7 billion by 2032, exhibiting a CAGR of 1.9% from 2023 to 2032. 

Key Points: 
  • High-level nuclear waste (HLW) refers to highly radioactive materials that are produced as a result of nuclear fuel reprocessing or spent fuel from nuclear power plants.
  • The management of nuclear waste generated from PWRs involves several key steps and considerations.
  • International cooperation and knowledge sharing play an important role in nuclear waste management in the Asia-Pacific region.
  • Nuclear waste management in Europe involves the handling, storage, treatment, and disposal of radioactive waste generated from nuclear power plants, research facilities, medical institutions, and other sources of nuclear technology.

Nuclear Waste Management Market to Reach $5.7 Billion, Globally, by 2032 at 1.9% CAGR: Allied Market Research

Retrieved on: 
Thursday, August 3, 2023

PORTLAND, Ore., Aug. 3, 2023 /PRNewswire/ -- Allied Market Research published a report titled, "Nuclear Waste Management Market by Waste Type (Low-Level Waste, Intermediate-Level Waste, and High-Level Waste), Reactor Type (Pressurized Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, and Pressurized Heavy Water Reactor), and by Disposal Method (Incineration, Storage, Deep Geological Disposal, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global nuclear waste management industry generated $4.8 billion in 2022 and is estimated to reach $5.7 billion by 2032, exhibiting a CAGR of 1.9% from 2023 to 2032. 

Key Points: 
  • High-level nuclear waste (HLW) refers to highly radioactive materials that are produced as a result of nuclear fuel reprocessing or spent fuel from nuclear power plants.
  • The management of nuclear waste generated from PWRs involves several key steps and considerations.
  • International cooperation and knowledge sharing play an important role in nuclear waste management in the Asia-Pacific region.
  • Nuclear waste management in Europe involves the handling, storage, treatment, and disposal of radioactive waste generated from nuclear power plants, research facilities, medical institutions, and other sources of nuclear technology.