• Canadian utilities are reserving $0.001 per kilowatt-hour to finance long-term spent fuel disposal
• Depending on the type of power plant, 30 to 200 tons of high level spent fuel are produced each year. The average "disposal" budget for these is in the order of $8 million per power plant per year
• Annual world production of spent fuel is over 12,000 tons. The American & Canadian utilities set aside approximately $1 billion every year for the spent fuel being produced
• Nearly 100,000 tons of spent fuel is awaiting long-term storage worldwide
• Safety of the concept has been demonstrated
• As compared to actual short/middle term dry storage solutions, the environmental risk associated to Securad's solution is very low
• International pressure requires disposal of spent fuel within the present generation life-time
• Decisional gridlock at the political level has created a market opportunity for a long-term private venture
• The Canadian context is ripe for immediate action
• Spent fuel must be protected from terrorist attacks

Key success factors:

• Stable geology (archean rocks, non-seismic)
• Absence of water circulation at depths of 1,000 feet or more
• Access by sea and harbour facilities
• Possible implementation of high security standards
• Zero population density per 100 km2
• Involvement of inhabitants, natives and settlers
• Existence of alternative sites corresponding to all criteria
• "Political correctness" of each potential site