A £1bn nuclear white elephant

A £1bn nuclear white elephant

THE INDEPENDENT 7 April 09 Call for public inquiry as Sellafield recycling plant is costing taxpayer millions every year A controversial nuclear recycling plant, approved by the Government despite warnings over its economic viability and reliance on unproven technology, has racked up costs of more than £1bn and is still not working properly.

Backers of the plant at Sellafield, which promised to turn toxic waste into a useable fuel that could be sold worldwide, had claimed the plant would make a profit of more than £200m in its lifetime, producing 120 tonnes of recycled fuel a year. But after an investigation by The Independent, the Government admitted technical problems and a dearth in orders has meant it has produced just 6.3 tonnes of fuel since opening in 2001.

With construction and commissioning costs of more than £600m, the facility, known as the Mox plant because of the mixed oxides (Mox) fuel it is designed to produce, has cost more than £1.2bn, confirming its status as the nuclear industry’s most embarrassing white elephant and one of the greatest failures in British industrial history, losing the taxpayer £90m a year. Green campaigners and opposition MPs are now calling for the plant to be closed immediately, and a minister who fought its construction at the time has called for a public inquiry into how the plant was ever given the go-ahead.

April 7, 2009 - Posted by Christina Macpherson | business and costs, UK | antinuclear, nuclear, nuclear costs