2013 Report details for project: New Nuclear Programme

Project name: New Nuclear Programme - there are 2 reports for this project: 2013, 2014
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Organisation: DECC (D11) - see all reports for this organisation
Report year: 2013 (data is from Sept 2012)
Category: Infrastructure - see all reports for this category
Description: The new nuclear programme will: a) ensure operators can build and operate new nuclear power stations in England and Wales from the earliest possible date; taking into account our no public subsidy policy; and b) create a framework so that operators contribute as much low carbon electricity as possible to meet the UK’s 2050 carbon targets cost effectively. The programme does this by creating the right regulatory and policy framework, removing unnecessary obstacles and proactively identifying actions to ensure that the first station can be operational from 2019. For more information, see: https://www.gov.uk/guidance-for-operators-of-new-nuclear-power-stations
DCA (RAG): Unknown
DCA text: TBC - commercial negotiations underway
Start date: 2008-01-31
End date: 2019-12-31
Schedule text: Start date represents the 2008 Nuclear White Paper. The facilitative actions set out in the 2008 White Paper have largely been completed, establishing the policy and regulatory framework to enable the deployment of nuclear power. The end date corresponds to first electricity generation at Hinkley (on current timetable as set out in its planning application), expected from 2019.
Baseline: £2.00m
Forecast: £2.00m
Variance: 0.00%
Variance text: 12/13 budget represents the cost for development and delivery of policy and regulations.
Whole Life Cost: £40.79m
WLCost text: Whole life cost represents costs for delivery of the facilitative/regulatory framework. Stations will be built, operated and decommissioned by the private sector. The Electricity Market Reform programme will provide the market framework including contracts for difference for the operators.
Notes1:
Notes2:
Sourcefile: DECC_2013.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.