nuclear-news

UK government’s Spending Review needs to allocate nuclear clean-up funds 

Letter David Lowry: Julia Pyke, joint managing director of the planned
giant new nuclear power plant at Sizewell C in Suffolk (news, May 26)
asserts that the nuclear industry “prices decommissioning and waste
disposal into the price of its electricity”.

This is misleading. It is true that ministers have established a Nuclear Liabilities Fund, which aims to cover the future costs of dealing with the stewardship of radioactive
waste created from nuclear generation and with defunct contaminated
buildings at closed nuclear plants.

However, resources recovered from the
electricity bill payer, included in the cost of nuclear-generated
electricity, may not foot the full bill. The problem is that cleaning up
the radioactive residue from nuclear power is not a decades-long task, but
one that will last centuries. Nobody yet knows the final bill, but
experience tells us that it is likely to be higher than projected.

The top-up costs will fall to future taxpayers, even though Sizewell C will be
majority privately-owned. When the chancellor is considering allocating
billions of pounds in construction funds for Sizewell C in next month’s
spending review, she will need to allocate nuclear clean-up funds too.

 Times 29th May 2025, https://www.thetimes.com/comment/letters-to-editor/article/times-letters-no-benefit-child-payment-cap-rc8xnsrn3

May 31, 2025 - Posted by Christina Macpherson | UK, wastes