Posiva Explained

Posiva Oy is a Finnish company with headquarters in the municipality of Eurajoki, Finland. It was founded in 1995 by Teollisuuden Voima (60% of stock) and Fortum (40% of stock),^[1] two Finnish nuclear plant operators, for researching and creating a method of final disposal of spent nuclear fuel from their plants.^{[2] [3] [4]}

For this purpose, Posiva is currently constructing the Onkalo spent nuclear fuel repository, the world's first deep geological repository, at the Olkiluoto Nuclear Power Plant site.

Notes and References

1. http://www.posiva.fi/en/ Posiva's website
2. Web site: Nuclear waste tomb soon to reach final depth . 10 May 2010 . . 12 August 2012.
3. News: Approval for expanded Olkiluoto repository . 4 June 2009 . . 12 August 2012.
4. Web site: Finnish nuclear waste may rest in peace . September 2011 . This Is Finland . 12 August 2012.