The cost of clearing up so far!
The Energy Act 2004 wrote off a bill of £56 billion to clear up the mess we already had then.
This is roughly five percent of our gross domestic product, a cost of £933 for every man, woman and child in the country.
This money will cover only cleaning up – decommissioning and making safe – not long term disposal of radioactive waste.
The bill has now risen to £72 billion. In order to help pay for this the government is planning to sell off nuclear assets to the private sector – including stockpiled uranium and atomic fuel manufacturing plants.
The Nuclear Decommissioning Authority (NDA) has a £300 m budget overrun for 2006 -7 alone, and is attempting to raise cash to help pay for a £72 billion clean up bill. Bids will come from German and French energy companies.
The cost of new nuclear power plants
John Hutton, secretary of state for business, dropped a commitment to maintain at least a 29.9% stake in British energy. He said he wants to accelerate the timetable of bringing new plants on stream in 2018. “Interest [from foreign companies] in building new nuclear power stations in the UK is strong” he said.
Join the fight against the proposed nuclear power station at Oldbury now