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:
“When over Catholics the ocean rolls,
They must wait several weeks before a mass
Takes off one peck of purgatorial coals,
Because, till people know what’s come to pass,
They won’t lay out their money on the dead—
It costs three francs for every mass that’s said.”
—George Gordon Noel Byron (1788–1824)
“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)
“That which costs little is less valued.”
—Miguel De Cervantes (1547–1616)