The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

UK’s Sellafield nuclear reprocessing – a financial black hole for the Nuclear Decommissioning Authority

Sellafield boss warns on nuclear clean-up, Guardian, Adam Vaughan @adamvaughan_uk, 16 Dec 2018

Falling revenues from waste reprocessing have led to a financial black hole for the Nuclear Decommissioning Authority The government body given the job of cleaning up Britain’s old nuclear power stations has warned that taxpayers will have to help plug a looming multimillion-pound gap in its finances left by shrinking revenues.

David Peattie, chief executive of the Nuclear Decommissioning Authority, said revenues would fall more than 10% annually in coming years due to the end of an era of nuclear waste reprocessing. One plant ceased operations in November and another will stop in two years.

The group has a £3bn annual budget to clean up 17 old nuclear sites around the UK, but earns £1bn a year from services including repurposing spent nuclear fuel. “I don’t think we can fill the hole completely,” Peattie said.

He hopes to offset some of the losses by making better use of the NDA’s fleet of four ships that operate out of Barrow-in-Furness, Cumbria. The ships were used to bring spent fuel from as far afield as Japan back to the UK for reprocessing.

Peattie also hopes to secure more non-nuclear work such as the non-food cargo it handles for Tesco using its rail business, which runs around 100 locomotives. The rail unit transports waste from nuclear power stations to be stored at the NDA’s biggest and most costly site, Sellafield in Cumbria.

The final bill could also be reduced, said Peattie if the public accepted that not all old nuclear facilities would be returned to a pristine field of “buttercups and daisies”.

The legacy of the industrial revolution means people already tolerate “industrial clutter” in parts of the countryside, he said…….

December 17, 2018 - Posted by | USA, wastes

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: