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Swiss confirm favoured location for $21 billion nuclear waste store

A farmhouse is seen in the Haberstal area, which the Swiss National Cooperative for the Disposal of Radioactive Waste (NAGRA) confirmed to be the favoured location for an underground nuclear waste storage site, close to the German border near the village of Stadel, Switzerland September 12, 2022. REUTERS/Arnd Wiegmann

Switzerland confirmed on Monday that its favoured location for a 20 billion Swiss franc ($20.94 billion) underground nuclear waste storage site was an area north of Zurich, close to the German border.

The company behind the project to store the country's nuclear waste for at least the next 200,000 years, the National Cooperative for the Disposal of Radioactive Waste (NAGRA), proposed northern Laegern for the site, which is due to become operational in 2050.

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