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Nuclear Liabilities 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 Department for Energy Security and Net Zero. 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 Security and Net Zero 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. It covered the nuclear power stations owned by the c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UK Government
His Majesty's Government, abbreviated to HM Government or otherwise UK Government, is the central government, central executive authority of the United Kingdom of Great Britain and Northern Ireland.Overview of the UK system of government : Directgov – Government, citizens and rights Archived direct.gov.uk webpage. Retrieved on 29 August 2014. The government is led by the Prime Minister of the United Kingdom, prime minister (Keir Starmer since 5 July 2024) who appoints all the other British Government frontbench, ministers. The country has had a Labour Party (UK), Labour government since 2024 United Kingdom general election, 2024. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatisation
Privatization (rendered 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 natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Of Energy And Climate Change
The Department of Energy and Climate Change (DECC) was a Departments of the Government of the United Kingdom, 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, secretary of state for energy and climate change, Amber Rudd MP. Following Theresa May's appointment as Prime Minister in July 2016, Rudd became Home Secretary and 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 budg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 five operational nuclear reactors at four locations (4 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 Sellafield, 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 gas cooled reactor, 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 clos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Decommissioning Authority
The Nuclear Decommissioning Authority (NDA) is a non-departmental public body of the Department for Energy Security and Net Zero (formerly 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. Although the NDA itself employs about 250 staff, its subsidiaries employ about 15,000 staff across the NDA estate. Its annual budget is £3.5billion, the vast majority of which is spent through contracts with site licence companies, who also subcontract to other companies which provide special services. The NDA aims to do this by introducing innovation and contractor expert ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 B is due to close in 2035, although EDF has announced that it is planning a 20 year life extension until 2055. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, India and Canada). In a PWR, water is used both as a neutron moderator and as coolant fluid for the reactor core. In the core, water is heated by the energy released by the fission of atoms contained in the fuel. Using very high pressure (around 155 bar: 2250 psi) ensures that the water stays in a liquid state. The heated water then flows to a steam generator, where it transfers its thermal energy to the water of a secondary cycle kept at a lower pressure which allows it to vaporize. The resulting steam then drives steam turbines linked to an electric generator. A boiling water reactor (BWR) by contrast does not maintain such a high pressure in the primary cycle and the water thus vaporizes inside of the reactor pressure vessel (RPV) before being sent to the turbine. Most PWR designs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Advanced Gas Cooled Reactor
The advanced gas-cooled reactor (AGR) is a type of nuclear reactor designed and operated in the United Kingdom. These are the second generation of British gas-cooled reactors, using graphite as the neutron moderator and carbon dioxide as coolant. They have been the backbone of the UK's nuclear power generation fleet since the 1980s. The AGR was developed from the Magnox reactor, the UK's first-generation reactor design. The first Magnox design had been optimised for generating plutonium, and for this reason it had features that were not the most economic for power generation. Primary among these was the requirement to run on natural uranium, which required a coolant with a low neutron cross section, in this case carbon dioxide, and an efficient neutron moderator, graphite. The Magnox design also ran relatively cool gas temperatures compared to other power-producing designs, which resulted in less efficient steam conditions. The AGR design retained the Magnox's graphite moderator ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 () 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), Virgin Energy, two coal fired power stations and a combined cycle gas turbine power station. The new group was initially led by MD John Kinsey and Marketing and Sales Director Gary Tubb, both from Virgin Energy. In 2009, EDF took control of the nuclear genera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Decommissioning
Nuclear decommissioning is the process leading to the irreversible complete or partial closure of a nuclear facility, usually a nuclear reactor, with the ultimate aim at termination of the operating licence. The process usually runs according to a ''decommissioning plan'', including the whole or partial dismantling and decontamination of the facility, ideally resulting in restoration of the environment up to greenfield status. The decommissioning plan is fulfilled when the approved end state of the facility has been reached. The process typically takes about 15 to 30 years, or many decades more when an interim ''safe storage'' period is applied for radioactive decay. Radioactive waste that remains after the decommissioning is either moved to an on-site storage facility where it is still under control of the owner, or moved to a dry cask storage or disposal facility at another location. The final disposal of nuclear waste from past and future decommissioning is a growing still un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secretary Of State For Energy Security And Net Zero
The Secretary of State for Energy Security and Net Zero is a Secretary of State in the Government of the United Kingdom, with responsibility for the Department for Energy Security and Net Zero. The incumbent is a member of the Cabinet of the United Kingdom. The incumbent Secretary of State is Ed Miliband of the Labour Party. History On 7 February 2023, a government reshuffle meant that the Department for Business, Energy and Industrial Strategy was split up into separate departments. The Department for Energy Security and Net Zero took on the energy portfolio and policy functions from the Department for Business, Energy and Industrial Strategy. Grant Shapps was appointed the first Secretary of State for the department, having previously been the last holder of the office of Secretary of State for Business, Energy and Industrial Strategy from 2022 to 2023. The department was tasked by the Prime Minister, Rishi Sunak, with "securing our long-term energy supply, bringing down ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scotland
Scotland is a Countries of the United Kingdom, country that is part of the United Kingdom. It contains nearly one-third of the United Kingdom's land area, consisting of the northern part of the island of Great Britain and more than 790 adjacent Islands of Scotland, islands, principally in the archipelagos of the Hebrides and the Northern Isles. To the south-east, Scotland has its Anglo-Scottish border, only land border, which is long and shared with England; the country is surrounded by the Atlantic Ocean to the north and west, the North Sea to the north-east and east, and the Irish Sea to the south. The population in 2022 was 5,439,842. Edinburgh is the capital and Glasgow is the most populous of the cities of Scotland. The Kingdom of Scotland emerged as an independent sovereign state in the 9th century. In 1603, James VI succeeded to the thrones of Kingdom of England, England and Kingdom of Ireland, Ireland, forming a personal union of the Union of the Crowns, three kingdo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
