On Sept. 15, the U.S. Nuclear Regulatory Commission said it is revising its rules to allow storage of spent nuclear fuel for at least 60 years after the licensed life of any reactor, doubling the time previously allowed. The fuel can be stored on-site or at independent spent-fuel storage installations without significant environmental impacts, says NRC. The change gives federal officials more time to find a permanent storage solution for the nation’s spent nuclear fuel. Earlier this year, the Obama Administration stopped work on the Yucca Mountain nuclear-waste depository in Nevada. An Obama-named commission is to recommend new options by
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.