Proactive - Interviews for investors

Deep Isolation advances mile-deep nuclear waste disposal demonstration in Texas

Episode Summary

Deep Isolation Nuclear CEO Rod Baltzer joined Steve Darling from Proactive to explain how the company is adapting directional drilling technology from the oil and gas industry to dispose of spent nuclear fuel in boreholes drilled roughly one mile underground. Baltzer said radioactive waste is sealed in steel canisters and placed within steel-lined, cement-backed boreholes, leaving the material isolated beneath approximately one billion tons of rock. According to the company’s safety modelling, the peak radiation dose would occur 1.6 million years in the future and would be extremely small, comparable to the radiation exposure from eating about one banana per year. Founded more than a decade ago, Deep Isolation has built a portfolio of around 100 patents covering site selection, borehole design, canister engineering, monitoring systems, and final well plugging, spanning the full disposal lifecycle. Baltzer noted that the company operates internationally as well as in the United States. The company also helped establish the Deep Borehole Demonstration Center in Texas, where a full-scale, at-depth demonstration project was launched in January. Long-lead equipment has been ordered, drilling is expected to begin later this year, and the current target is to begin placing and retrieving canisters by mid-next year. Baltzer highlighted growing interest from policymakers, noting that several states have expressed interest through the U.S. Department of Energy’s Nuclear Lifecycle Innovation Campus initiative, with the list expected to narrow in the coming months. He also cited company survey work indicating that a large majority of Americans view nuclear waste disposal as a national security priority and generally prefer disposal solutions located near existing nuclear facilities rather than transporting waste through additional communities. #proactiveinvestors #deepisolationnuclear #otcqb #dbhl #nuclear #NuclearEnergy #NuclearWaste #SpentFuel #DirectionalDrilling #EnergyTechnology #CleanEnergy #NuclearInnovation #NationalSecurity #GeologicalDisposal