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Nuclear Generation Decommissioning Fund
The Nuclear Liabilities Fund (formerly the Nuclear Generation Decommissioning Fund) is a fund of the UK Government to provide arrangements for funding certain long-term costs for the decommissioning of eight nuclear power stations formerly owned by British Energy, now EDF Energy. Responsibility for the fund within government lies with the Shareholder Executive, on behalf of the Department for Business, Energy and Industrial Strategy. The fund is incorporated as a limited company registered in Scotland and is owned by the Nuclear Trust. It consists of five trustees, three appointed by the Secretary of State for Energy and Climate Change and two by the owners of the nuclear power stations, now EDF Energy. The trustees are also directors of the Fund as well as owning the ordinary share capital of the Fund. History The Nuclear Generation Decommissioning Fund was established on 28 March 1996 by the UK Government as part of the preparations for the privatisation of British Energy. I ...
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UK Government
ga, Rialtas a Shoilse gd, Riaghaltas a Mhòrachd , image = HM Government logo.svg , image_size = 220px , image2 = Royal Coat of Arms of the United Kingdom (HM Government).svg , image_size2 = 180px , caption = Royal Arms , date_established = , state = United Kingdom , address = 10 Downing Street, London , leader_title = Prime Minister (Rishi Sunak) , appointed = Monarch of the United Kingdom (Charles III) , budget = 882 billion , main_organ = Cabinet of the United Kingdom , ministries = 23 ministerial departments, 20 non-ministerial departments , responsible = Parliament of the United Kingdom , url = The Government of the United Kingdom (commonly referred to as British Government or UK Government), officially His Majesty's Government (abbreviated to HM Government), is the central executive authority of the United Kingdom of Great Britain and Northern Ireland.
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Privatisation
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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Department Of Energy And Climate Change
The Department of Energy and Climate Change (DECC) was a department of the Government of the United Kingdom created on 3 October 2008, by Prime Minister Gordon Brown to take over some of the functions related to energy of the Department for Business, Enterprise and Regulatory Reform, and those relating to climate change of the Department for Environment, Food and Rural Affairs. It was led at time of closure by the Secretary of State for Energy and Climate Change, Amber Rudd MP. Following Theresa May's appointment as Prime Minister in July 2016, the department was disbanded and merged with the Department for Business, Innovation and Skills, to form the Department for Business, Energy and Industrial Strategy under Greg Clark MP. The department released a major White Paper in July 2009, setting out its purpose and plans. The majority of DECC's budget was spent on managing the historic nuclear sites in the United Kingdom, in 2012/13 this being 69% of its budget spent through the ...
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Nuclear Power In The United Kingdom
Nuclear power in the United Kingdom generated 16.1% of the country's electricity in 2020. , the UK has 9 operational nuclear reactors at five locations (8 advanced gas-cooled reactors (AGR) and one pressurised water reactor (PWR)), producing 5.9GWe. It also has nuclear reprocessing plants at Sellafield and the Tails Management Facility (TMF) operated by Urenco in Capenhurst. The United Kingdom established the world's first civil nuclear programme, opening a nuclear power station, Calder Hall at Windscale, England, in 1956. The British installed base of nuclear reactors used to be dominated by domestically developed Magnox and their successor AGR reactors with graphite moderator and coolant but the last of those are nearing the end of their useful life and will be replaced with "international" pressurised water reactors. At the peak in 1997, 26% of the nation's electricity was generated from nuclear power. Since then several reactors have closed and by 2012 the share had decl ...
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Nuclear Decommissioning Authority
The Nuclear Decommissioning Authority (NDA) is a non-departmental public body of the Department for Business, Energy and Industrial Strategy, formed by the Energy Act 2004. It evolved from the Coal and Nuclear Liabilities Unit of the Department of Trade and Industry. It came into existence during late 2004, and took on its main functions on 1 April 2005. Its purpose is to deliver the decommissioning and clean-up of the UK's civil nuclear legacy in a safe and cost-effective manner, and where possible to accelerate programmes of work that reduce hazard. The NDA does not directly manage the UK's nuclear sites. It oversees the work through contracts with specially designed companies known as site licence companies. The NDA determines the overall strategy and priorities for managing decommissioning. Although the NDA itself employs about 250 staff, its subsidiaries employ about 15,000 staff across the NDA estate. Its annual budget is £3.2billion, the vast majority of which is spent th ...
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Sizewell B
The Sizewell nuclear site consists of two nuclear power stations, one of which is still operational, located near the small fishing village of Sizewell in Suffolk, England. Sizewell A, with two Magnox reactors, is now in the process of being decommissioned. Sizewell B has a single pressurised water reactor (PWR) and is the UK's newest nuclear power station. A third power station, to consist of twin EPR reactors, is planned to be built as Sizewell C. Sizewell A Site The site of Sizewell A occupies north of Sizewell. It is on a low plateau above flood level. The geological foundation comprises Norwich Crag Formation and Red Crag Formation bedrock of Pleistocene age above Eocene London Clay. The Crag deposits predominantly consist of medium dense and dense sands with thin layers of clay and silt and fossiliferous shelly horizons. The Crag strata extend to a depth of below ground level. In 1972/73, Sizewell A was awarded the Christopher Hinton trophy in recognition of good h ...
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Pressurised Water Reactor
A pressurized water reactor (PWR) is a type of light-water nuclear reactor. PWRs constitute the large majority of the world's nuclear power plants (with notable exceptions being the UK, Japan and Canada). In a PWR, the primary coolant (water) is pumped under high pressure to the reactor core where it is heated by the energy released by the fission of atoms. The heated, high pressure water then flows to a steam generator, where it transfers its thermal energy to lower pressure water of a secondary system where steam is generated. The steam then drives turbines, which spin an electric generator. In contrast to a boiling water reactor (BWR), pressure in the primary coolant loop prevents the water from boiling within the reactor. All light-water reactors use ordinary water as both coolant and neutron moderator. Most use anywhere from two to four vertically mounted steam generators; VVER reactors use horizontal steam generators. PWRs were originally designed to serve as nuclear marine ...
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EDF Energy
EDF Energy is a British integrated energy company, wholly owned by the French state-owned EDF (Électricité de France), with operations spanning electricity generation and the sale of natural gas and electricity to homes and businesses throughout the United Kingdom. It employs 11,717 people, and handles 5.22 million business and residential customer accounts. History EDF Energy Customers (trading as EDF) is wholly owned by the French state owned EDF (Électricité de France) and was formed in January 2002, following the acquisition and mergers of SEEBOARD plc (formerly the South Eastern Electricity Board), London Electricity plc (formerly the London Electricity Board or LEB), SWEB Energy plc (formerly the South Western Electricity Board) and two coal fired power stations and a combined cycle gas turbine power station. In 2009, EDF took control of the nuclear generator in the United Kingdom, British Energy, buying share capital from the government. This made EDF one of the ...
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Nuclear Decommissioning
Nuclear decommissioning is the process whereby a nuclear facility is dismantled to the point that it no longer requires measures for radiation protection. The presence of radioactive material necessitates processes that are potentially occupationally hazardous, expensive, time-intensive, and present environmental risks that must be addressed to ensure radioactive materials are either transported elsewhere for storage or stored on-site in a safe manner.Benjamin K. Sovacool. "A Critical Evaluation of Nuclear Power and Renewable Electricity in Asia", ''Journal of Contemporary Asia'', Vol. 40, No. 3, August 2010, p. 373. The challenge in nuclear decommissioning is not just technical, but also economical and social. Decommissioning is an administrative and technical process. It includes clean-up of radioactive materials and progressive demolition of the facility. Once a facility is fully decommissioned, no radiological danger should persist. The costs of decommissioning are gene ...
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Secretary Of State For Energy And Climate Change
Her Majesty's Principal Secretary of State for Energy and Climate Change was a British government cabinet position from 2008 to 2016. The Department of Energy and Climate Change was created on 3 October 2008 when then-Prime Minister Gordon Brown reshuffled his Cabinet. Between 1974 and 1992, the post was known as Secretary of State for Energy. The Energy and Climate Change Secretary revived the earlier post of the Secretary of State for Energy as head of the Department of Energy, existing from 1974 to 1992. After which, the Department of Energy was merged into the Department of Trade and Industry under the Conservative government of Sir John Major in 1992. Sixteen years later, and immediately prior to the creation of the new department, energy policy was the responsibility of the Department for Business, Enterprise and Regulatory Reform (itself now a defunct government department, superseded by the Department for Business, Innovation and Skills). Former Labour Leader Ed Milib ...
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Scotland
Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the north and west, the North Sea to the northeast and east, and the Irish Sea to the south. It also contains more than 790 islands, principally in the archipelagos of the Hebrides and the Northern Isles. Most of the population, including the capital Edinburgh, is concentrated in the Central Belt—the plain between the Scottish Highlands and the Southern Uplands—in the Scottish Lowlands. Scotland is divided into 32 administrative subdivisions or local authorities, known as council areas. Glasgow City is the largest council area in terms of population, with Highland being the largest in terms of area. Limited self-governing power, covering matters such as education, social services and roads and transportation, is devolved from the Scott ...
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