Nuclear cleanup costs and problems rising

Wed Jan 30, 2008 6:51am GMT
 
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By Jeremy Lovell

LONDON (Reuters) - The costs of cleaning up waste from Britain's first civil nuclear power programme are still rising and uncertainties abound, the National Audit Office, the country's public spending watchdog, said on Wednesday.

Its report comes three weeks after the British government finally gave the green light to a new fleet of nuclear power stations to replace the retiring plants and help the country meet its carbon emission commitments.

But the current 73 billion pound cost of decommissioning the 19 existing nuclear sites over the next century is 18 percent above initial estimates, and the costs of even near-term actions are still rising when they should have stabilised.

Added to that, pressure on the finances of the Nuclear Decommissioning Authority and the need to sometimes divert funds for unforeseen circumstances had led to significant uncertainty for site operators, the NAO said in its comprehensive report.

"Whilst the scale of the task is now better defined, estimates of costs to the taxpayer have continued to rise," said NAO head John Bourn.

"At the same time, the start and stop nature of decommissioning work at some sites lessens the value for money of the significant resources invested to date," he added.

"One of our primary roles going forward is to provide a level of certainty for our stakeholders on agreed plans for all our sites," the NDA said in a statement.

"We remain confident that through innovation and world-class performance by our contractors we will first stabilise and then ultimately reduce the UK's nuclear liability," it added.  Continued...

 
Chancellor Alistair Darling attends a cabinet meeting in Nottingham, November 20, 2009.   REUTERS/Andrew Winning
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