Companies building nuclear reactors in the UK will have to meet the full cost of their future closure and clean-up, setting money aside from day one, the government will say on Friday.
Following on from last month’s white paper on nuclear power, the government will on Friday set out the draft framework for how the decommissioning of new nuclear reactors would be paid for.
Several companies, including British Energy, EDF, Eon, RWE and Centrica, are looking at building reactors but have said they want more certainty on a range of issues before they are ready to invest, including decommissioning costs and the disposal of radioactive waste.