waste must sit in these pools for about 5 years in order to cool. It then must be transferred into a more permanent, dry storage, consisting of 80 underground steel lined concrete monoliths. SCE decided on Holtec International to design the dry storage canisters. The canisters will be thick compared to the thickness used for most other canisters in the US. These steel-lined concrete monoliths right next to the Pacific Ocean exceed California's earthquake requirements and Edison says they are designed to withstand fire and tsunamis. The canisters are prone to cracking mainly because of chloride-induced stress corrosion from being close to the ocean. The canisters cannot be inspected for cracks. Kris Singh, president and CEO of Holtec, says that they are working on developing inspection methods, but that even if cracks could be detected, there is no way to repair them. As an added safety measure, Holtec is providing an extra canister on site. The Electric Power Research Institute (EPRI) will be using new technologies in order to detect and protect these canisters from cracking. EPRI believes the best method for chloride-induced stress-corrosion cracking is to apply proactive practices, which include using standard methods to classify the corrosivity of the site environment, monitoring the site-specific absolute humidity, and planning for visual inspection of the canister surface in a timeframe based on the results. In April 2017 Southern California Edison agreed to move spent nuclear fuel off the site, following legal action by San Diego environmental group Citizens Oversight. In July 2020, the California Coastal Commission approved an inspection and maintenance program that will allow Southern California Edison to continue to store spent nuclear fuel in a storage site at San Onofre. Financial settlement In July 2013 SCE started a 90-day dispute resolution process with Mitsubishi Heavy Industries. The dispute resolution was unsuccessful, so a binding arbitration process run by the International Chamber of Commerce commenced in October 2013. SCE claimed $7.57 billion (930 billion yen), but MHI argues that compensation is limited to $137 million by their contract. In October 2015 the owners reached a $400 million settlement with their insurers for outages caused by the failure. SCE received $312.8 million, SDG&E $80 million, and the city of Riverside $7.16 million. The arbitration claim against MHI continued to be pursued through the International Chamber of Commerce. In March 2017 the International Chamber of Commerce ordered MHI to pay $125