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:
“That which costs little is less valued.”
—Miguel De Cervantes (1547–1616)
“Like cellulite creams or hair-loss tonics, capital punishment is one of those panaceas that isn’t. Only it costs a whole lot more.”
—Anna Quindlen (b. 1952)
“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)