aA
Lithuania plans to start accumulating funds to build a deep repository for spent radioactive waste from its Ignalina Nuclear Power Plant, which is currently the only safe way to dispose of such waste.
Didžiausias branduolinės energetikos minusas - radioaktyvios atliekos, kurias reikia kruopščiai saugoti
Didžiausias branduolinės energetikos minusas - radioaktyvios atliekos, kurias reikia kruopščiai saugoti
© Shutterstock nuotr.

Lithuania will need such a repository, estimated to cost around 2.52 billion euros, in 2066 after it stops using interim storage facilities, according to the Energy Ministry which has drafted amendments to the Law on State Treasury and related legislation.

The ministry proposes to set aside funds in a separate Reserve Fund account, with 25 percent of dividends from state-owned enterprises to be transferred to it annually. Decisions on other sources of funding would be made at a later stage.

"Funding for the construction, closure, and maintenance of a deep repository is currently not guaranteed, which means that no funds are being accumulated for this purpose," the ministry said.

In May 2018, the European Commission warned Lithuania that it failed to comply with the relevant EU directive because its national program for spent fuel and radioactive waste management did not include provisions for long-lived waste management financing.

If the repository project is delayed, the Commission will launch an infringement procedure against Lithuania and the country may face a fine, according to the ministry.

A more exact estimate of the cost of such a repository could be made after a site is selected and geological surveys are carried out, it said.

Based on preliminary estimates, the bulk of the funds would be needed between 2056 and 2072, including around 1 billion euros for the construction of the repository in 2056 to 2065 and another 900 million euros for its use in 2066 to 2072.

Long-lived radioactive waste, which remains dangerous for thousands of years, is currently stored at the Ignalina plant's interim storage facilities.

Since foreign states, just like Lithuania, prohibit the import of radioactive waste, it has to be disposed of in the territory of the country. There is no other globally recognized way of disposing of such waste.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

airBaltic plans to resume flights to London, Dublin and Dubrovnik but has no permits yet

Latvian airline airBaltic says it plans to resume flights from Vilnius to London and Dublin in...

Lithuanian company offers solution for international control of coronavirus test and vaccine

After the global coronavirus pandemic began in Wuhan it has affected people all over the world....

Avia Solutions Group to sel Baltic Ground Services Poland

Avia Solutions Group , the largest aerospace business group from Central & Eastern Europe, has...

Paysera has new vice president for development abroad

Starting June 1, Marius Pareščius , IT expert, businessman, and innovator, will be responsible for...

Palanga airport set to reopen with 1st flight since lockdown

Hungary's Wizz Air is on Tuesday relaunching its regular service between Palanga and Dortmund,...

Top news

Free movement between Poland and Baltics to be restored next week

Free movement between Poland and the Baltic states will be resumed next week, Lithuanian Prime...

Candidates list of social democrats for upcoming Seimas election approved

The presidium of the opposition Social Democratic Party of Lithuania on Thursday approved the...

airBaltic plans to resume flights to London, Dublin and Dubrovnik but has no permits yet

Latvian airline airBaltic says it plans to resume flights from Vilnius to London and Dublin in...

7 new coronavirus cases in Lithuania

On Thursday, Lithuania has detected 7 new coronavirus cases. Overall, there have been 1694 COVID-19...

Foreign minister: EU's external borders unlikely to open until late June

The European Union 's external borders may remain closed until late June, Lithuanian Foreign...

|Maža didelių žinių kaina