In the UK the practice of short term buffer storage in water ponds prior to chemical reprocessing had already been established on the early gas cooled reactors in Calder Hall. Thus the choice of water pond buffer storage for MGR power plants logically followed the national policy decision to reprocess. The majority of the buffer storage period would take place at the reprocessing plant with only a nominal of 100 days targeted at the station. Since Magnox clad fuel is not suitable for long term pond storage, alternative methods of storage on future stations was considered desirable. In addition to safeguards considerations the economic aspects of the fuel cycle has influenced the conclusion that today the purchase of a MGR power plant with dry spent fuel storage and without commitment to reprocess would be a rational decision for a country initiating a nuclear programme. Dry storage requirements are discussed and two designs of dry storage facilities presented together with a fuel preparation facility.