Community led
DeepGEO’s regional strategy currently includes North America (Labrador, Canada), Europe (Finland), and Africa (Ghana and Somaliland). By embracing innovative solutions and addressing genuine community and industrial needs, DeepGEO is making progress with all its potential hosts. Pursuing multiple locations is, in fact, one of the key strengths of our approach.
Each of our locations offers distinct advantages as a potential host for a multinational repository as well as its own unique challenges. Each potential host must have effective legal and government institutions, as well as an accessible coastline, to qualify. It must be part of, or committed to joining, all the relevant international conventions and standards. In some potential hosts, there is a specific site and community that is the focus. In others, there are multiple options, and there would need to be a selection process. Any site would need to undergo detailed technical assessments before construction could proceed. Three of DeepGEO’s potential hosts have already been subject to a preliminary technical evaluation.
There are strong synergies between repository development and nuclear power plant development. All our potential multinational repository hosts are also interested in nuclear power, which DeepGEO will facilitate. However, the need for sustainable and reliable energy access is global. DeepGEO is therefore pursuing nuclear power project opportunities in strategic markets using its strong global team to identify and support promising projects and its unique financing model to get them underway as quickly as possible. By focusing on proven technologies and innovative delivery models, DeepGEO will help to accelerate the deployment of nuclear energy in the countries that need it most.
DeepGEO was born of local communities and is inherently consent-based. We are honored to work with communities that are eager to improve their situation as well as that of future generations, all while helping ensure the sustainability of nuclear energy and to accelerate its deployment. This is our core purpose. What we offer our hosts is a long-term committed business partnership and associated infrastructure investment opportunities that will deliver real growth and benefits for hundreds of years.
