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£56Billion Nuclear Clean-Up Bill For British Nuclear Plants (moved from ATSNN)

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posted on Aug, 11 2005 @ 12:26 PM
The cost of cleaning up Britain's nuclear power plants has been estimated at £56billion ($101.3billion). The clean-up operation has also been brought forward from the proposed 125 years to 25 years in the future. The newly formed Nuclear Decommissioning Authority has revised its estimates of decommissioning the aging Magnox nuclear plants to include the life-time cost of the 20 nuclear sites.
Decommissioning the UK's ageing nuclear power stations will cost billions of pounds more than originally expected.

In its first report, the Nuclear Decommissioning Authority estimates that £56bn will have to be spent cleaning up 20 sites.

NDA wants to speed up the clean-up, including that of the ageing Magnox plants, from 125 years to 25 years.

It has published consultation plans which will be open until 11 November, with a proposal finalised in December.

Please visit the link provided for the complete story.

This is a whopping bill for decomissioning 20 nuclear sites. The main drawcard for nuclear power plants was the reduced operating costs once established when compared to fossil fueled plants. The decomissioning bill for these sites is astronomical and completely negates the savings made from fossil fuels.

Is the difference in environmental impact when compared to fossil fuels enough to continue the construction of nuclear power plants?

The latest U.S Energy Bill is heavily promoting nuclear fuel as an alternative to fossil fuels. Is this a fiscally prudent option given the massive financial costs needed to safely decomission nuclear power plants?


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