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At the end of the eight- to nine-year project, estimated to cost US$768 million, the Shelter will be transformed into a stable and environmentally safe system for an estimated 100 years. [ needs update ] The most visible aspect of this transformation is the construction of the New Safe Confinement .
The confinement structure for the Chernobyl nuclear power plant's Reactor No. 4 cost 1.5 billion euros (almost $1.7 billion) to build, and the entire project cost 2.2 billion euros (about $2.5 ...
The total cost of the Shelter Implementation Plan, of which the New Safe Confinement is the most prominent element, is estimated to be around €2.15 billion (US$2.3 billion). The New Safe Confinement accounts for €1.5 billion.
The Chernobyl Shelter Fund was established in 1997 at the G8 summit in Denver to finance the Shelter ... While the original cost estimate for the SIP was US$768 ...
The Chernobyl nuclear disaster of April 26, 1986, is predicted to continue to harm the environment for at least 180 years The True Cost of the Chernobyl Disaster Has Been Greater Than It Seems ...
The Chernobyl Nuclear Power Plant sarcophagus or Shelter Structure (Ukrainian: Об'єкт "Укриття") is a massive steel and concrete structure covering the nuclear reactor number 4 building of the Chernobyl Nuclear Power Plant. The sarcophagus resides inside the New Safe Confinement structure. The New Safe Confinement is designed to ...
For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of around 230,000 people, cost a 'mere' $15 billion, [1] whereas in the Deepwater Horizon oil spill, in which 11 people died, the damage was six times higher. The most expensive disaster in human history is the Chernobyl disaster, costing an estimated $700 billion. [2]
Shelter costs rose 5.5% over the prior year, the slowest annual increase since June 2022 and down from a peak of 8.2% reached in March of last year.