news archive: nuclear generation
Nuclear Decommissioning Authority (NDA) releases draft Business Plan for 2012-2015 - 12/12/2011
On the 12th December, the NDA Consultation published its 2012/13 draft Business Plan for consultation. The business plan outlines the NDA’s key priorities for the next three years with the highest priority still the work on the legacy ponds and Silos at Sellafield. The total planned expenditure for the 2012-13 period is £3billion. The UK government will fund £2.3 of this expenditure, with the remaining £0.7billion supplied by income from commercial operations.
Nuclear decommissioning waste rules published – the clean frame work - 8/12/2011
On the 8th December 2011, the Government finalized its new Nuclear Clean Framework with a set of statutory rules on funding nuclear decommissioning. This guidance states that new operators must set aside insolvency-proof funds to clean up the nuclear site from day one of its operation. Operators must also have an achievable plan for decommissioning with a robust estimate of the costs it will involve. This guidance is intended to provide investor certainty and protect the taxpayer from footing the bill for nuclear decommissioning.
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