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Britain’s nuclear waste cleanup spirals above £110 billion

Britain’s nuclear clean-up bill soars to £110bn http://www.telegraph.co.uk/finance/newsbysector/energy/10921309/Britains-nuclear-clean-up-bill-soars-to-110bn.html Spiralling costs at Sellafield site in Cumbria contribute to £6.6bn increase in bill for tackling Britain’s nuclear waste By Emily Gosden

8:16PM BST 23 Jun 2014 The bill for cleaning up Britain’s nuclear waste has topped £110bn, after a £6.6bn increase in the cost estimate for work required over the next 120 years

The Nuclear Decommissioning Authority said that the biggest increase derived from a fresh assessment of the work required at Sellafield, the country’s biggest and most toxic nuclear site.

Sellafield, in Cumbria, is now estimated to cost £79.1bn to clean up, but the NDA warned that the total would “increase significantly next year” once it had fully assessed a new “performance plan” for the site.

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The NDA controversially renewed a contract with Nuclear Management Partners to manage Sellafield despite fierce criticism from MPs on the Public Accounts Committee and the National Audit Office of the company’s performance.

The NDA’s annual report and accounts make clear the huge scale of uncertainty that exists over the ultimate bill for Britain’s civil and military nuclear waste.

It says it has “reviewed a number of scenarios with a range of possible outcomes” and found that “the estimated cost could have a potential range from £88bn to £218bn”.

The figure of £110bn is on an “undiscounted” basis. Once discounted, the total is £65bn.

June 24, 2014 - Posted by | UK, wastes

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