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What is Nuclear Waste Management Organization (Canada) mean?
The Nuclear Waste Management Organization (NWMO) of Canada was established in 2002 under the Nuclear Fuel Waste Act (NFWA) to investigate approaches for managing Canada’s used nuclear fuel. The NWMO is the sole organization in Canada working towards the development of a deep geological repository (DGR) for the long-term storage of used nuclear fuel from Canadian nuclear power plants. Currently, nuclear power plants are operating in Ontario and New Brunswick.
The Act required Canadian electricity generating companies which produce used nuclear fuel to establish a waste management organization to provide recommendations to the Government of Canada on the long-term management of used nuclear fuel.The legislation also required the waste owners to establish segregated trust funds to finance the long term management of the used fuel. The Act further authorized the Government of Canada to decide on the approach. The government’s choice will then be implemented by the NWMO, subject to all of the necessary regulatory approvals.
reference| Full Form | Category |
|---|---|
| Nuclear Waste Management Organisation | Business |
| Nuclear Waste Management Organization | Governmental |
| Nuclear Waste Management Organization (Canada) | Governmental |
Posted on 18 Nov 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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