Costs
In 2005 the cost of decommissioning these sites was planned at £55.8 billion, with Sellafield requiring £31.5 billion. However in 2006 the NDA reported that the cost of cleaning up existing waste was higher than previously thought, and gave a new estimated decommissioning cost of about £72 billion over a 100 year period. In 2008 estimated decommissioning costs increased to £73.6 billion, or after taking account of discount rates £44.1 billion. A 2006 estimate foresaw £14bn of offsetting income from reprocessing fuel at Sellafield. In 2009 the NDA sold land near three existing reactor sites for expected new nuclear power stations, for over £200m.
Read more about this topic: Nuclear Decommissioning Authority
Famous quotes containing the word costs:
“To exercise power costs effort and demands courage. That is why so many fail to assert rights to which they are perfectly entitled—because a right is a kind of power but they are too lazy or too cowardly to exercise it. The virtues which cloak these faults are called patience and forbearance.”
—Friedrich Nietzsche (1844–1900)
“It is commonly said by farmers, that a good pear or apple costs no more time or pains to rear, than a poor one; so I would have no work of art, no speech, or action, or thought, or friend, but the best.”
—Ralph Waldo Emerson (1803–1882)
“The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.”
—Adam Smith (1723–1790)