To no one’s real surprise, the UK’s Nuclear Decommissioning Authority (NDA) has revealed that the final bill for remedial work at Sellafield and other domestic nuclear sites will be £6.6bn in advance of previous estimates. The NDA puts the total clean-up bill for the UK’s existing nuclear power facilities at £110bn over the next 120 years, with the bulk attributable to Cumbria’s Sellafield site. (At the end of last year, BP’s total costs linked to the Gulf of Mexico spill were around £25bn).
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis