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MPs call for rise in funding for nuclear plants' clean-up

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Published Date: 07 April 2008
PUBLIC funding will have to rise significantly if the clean-up of nuclear plants is to be carried out as planned, MPs have warned.
A report today from the House of Commons' business and enterprise committee questions the existing method of funding the Nuclear Decommissioning Authority (NDA). It calls for work on a new system to begin urgently.

The Department for Business, Enterprise and Regulatory Reform, which has spent 40 per cent of its expenditure limit on the NDA, has asked for an extra £400 million to be made available to the authority, which oversees the dismantling of plants such as Dounreay in Caithness.

The authority is funded by a combination of commercial income and government grants.

But the committee says uncertainty over its commercial income means cuts could cause difficulties and it wants assurances the NDA's needs do not affect other area's of the business department's work.

Peter Luff, the committee chairman, said: "We believe nuclear decommissioning is too important to be left to the mercy of changing priorities in the Treasury."







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  • Last Updated: 06 April 2008 9:56 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: Nuclear energy
 
1

Jimmy the Pie,

07/04/2008 00:10:06
Now why is this story not a surprise?

Why can't the poorest pay for this?
Mind you looking at the budget they will be!!
2

nabodican,

Rural Scotland 07/04/2008 01:36:28
I wonder how much of this cash will actually be spent on decommissioning! Or will it all go into the pockets of this committee
3

KampungHighlander,

Jakarta 07/04/2008 03:36:53
This is just the begining of the demands for money. Given recent projects management experience like Wembley, Holyrood, Terminal 5, Railtrack, Metrorail.....etc. I think if you want an accurate cost of what it will cost for nuclear decommissioning take what they currently have budgeted and multiply it by 10.

When you add the full cost of decommissioning in Nuclear is not cost effective.
4

Saoghal Beag,

07/04/2008 09:01:37
where's the pro-nuclear lobby? their affordable generation solution is a complete white elephant, subsidy dependent, leaving financial and environmental liabilities for generations to come.
5

Sanny,

07/04/2008 13:29:12
I think before any decision is made on building or renewing existing Nuclear Power stations the public MUST be given the full facts on all costs. Construction costs, fuelling costs, Operating costs, Decommissioning costs and finally but most importantly the costs of safely storing waste for the next 100,000 years.

Perhaps when we know all the costs we can cost per KwH and see just how cheap or otherwise this power will be.

This huge investment would be better spent on alternative power generation methods.
6

Saoghal Beag,

07/04/2008 13:43:04
Sanny, you missed out site security and transport security, mining and transport of fuel, availability of mineable fuel (the industry ahs already seriously looked at minimg the grand canyon).

there is too much to gain personally by tory and his croonies and broon and his pals for anyone to actually give us the honest cost of nuclear.
7

Jimmy the Pie,

07/04/2008 16:49:53
Superb idea.

Let the Government pay out hundreds of millions (that might be why the 10p tax rate was scrapped) then hand the whole lot over to our pals in the hedge funds,making hundreds of millions in tax free profits, who can then flog it on to the French government, , who can then demand that they didn't realise the true cost and the government takes it back after paying the French a few billion in compensation. Then we can do it all over again. Who says capitalism is dead!!
8

pehman,

sussex 07/04/2008 21:12:47
What are the odds that london will turn round and say Scotland will have to pay from the existing budget !

 

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