The UK Atomic Energy Authority has cut 40% from the cost of its nuclear decommissioning programme over the past three years, it revealed today.
Derek Pooley, UKAEA’s chief executive, said the taxpayer had paid £342m for work undertaken between 1994-95 and 1996-97 compared with a 1993 estimate of £553m.
At the UKAEA’s 1996-97 results announcement, Pooley identified its increasing use of contractors – 52% of the expenditure on decommissioning last year was placed by competitive tender – as a main way that it had saved money.
Pooley said economies had not been achieved at the expense of safety or environmental standards. Reportable incidents at UKAEA sites had declined over the period.
The UKAEA has consequently reduced its estimate of the total cost of its remaining liabilities from £9bn to £7.2bn.