British Energy

House of Lords written question – answered at on 11 December 2002.

Alert me about debates like this

Photo of Lord Oakeshott of Seagrove Bay Lord Oakeshott of Seagrove Bay Liberal Democrat

asked Her Majesty's Government:

Following their estimate of an annual cost of £150–£200 million for the next 10 years, what is their estimate of the annual cost to the Government from 2012 to 2086 of its significant contribution to British Energy's historic fuel liabilities managed by BNFL.

Photo of Lord Sainsbury of Turville Lord Sainsbury of Turville Parliamentary Under-Secretary (Science and Innovation), Department of Trade and Industry, Parliamentary Under-Secretary (Department of Trade and Industry) (Science and Innovation)

If the proposed restructuring announced by British Energy on 28 November is successful and the company performs well, its contribution to the new liabilities fund will grow. The annual costs to government after 2012 will depend on the money in the fund. The Government will meet any shortfall to ensure nuclear safety and environmental protection. We will also be looking at how the contracts for historic spent fuel services with BNFL are managed as a part of the creation of the LMA.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.