background image

UK has £10 billion per nuclear reactor decommissioning bottomless pit

author image

By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Clean Technica or enjoy below:

🗞️ Driving the news: The UK is grappling with escalating nuclear decommissioning costs, now estimated at £10 billion per reactor
• Despite the high costs, the UK government remains committed to nuclear technology, including the construction of new reactors at two nuclear sites, Hinkley Point C and Sizewell

🔭 The context: The UK's nuclear program, initiated between 1957 and 1995, is facing a transition phase with most reactors set to be decommissioned by 2028
• The Hinkley Point C project is significantly over budget and behind schedule, highlighting the financial risks of new nuclear developments

🌍 Why it matters for the planet: These high decommissioning costs challenge the economic viability of nuclear power, especially when compared to cheaper renewable alternatives like wind and solar
• The decommissioning process is lengthy and complex, with significant implications for environmental safety and sustainability

⏭️ What's next: The Nuclear Decommissioning Authority's (NDA) mission involves a long-term strategy spanning over 120 years, focusing on spent fuel, nuclear materials, waste management, and site remediation

📈 One stat: The official estimate of the UK’s NDA was £149 billion in late 2022, but recent projections suggest costs could reach £260 billion, averaging £10.4 billion per reactor

Click for more news covering the latest on energy

Did you enjoy this illuminem voice? Support us by sharing this article!
author photo

About the author

illuminem's editorial team - providing you with concise summaries of the most important sustainability news of the day.

Follow us on Linkedin, Twitter​ & Instagram

Other illuminem Voices

Related Posts

You cannot miss it!

Weekly. Free. Your Top 10 Sustainability & Energy Posts.

You can unsubscribe at any time (read our privacy policy)