2014 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: 2014 (data is from Sept 2013)
Category: Infrastructure - see all reports for this category
Description: The New Nuclear Programme aims to ensure that the framework is in place to enable operators to build and operate new nuclear power stations in England and Wales from the earliest possible date. There are four main elements to the programme: 1. Delivering the "facilitative actions" to which Government committed in the 2008 Nuclear White Paper. 2. Ensuring that all necessary actions are taken to enable the construction of the first new nuclear power station at Hinkley Point C, by working with and through others (within DECC and externally) to help secure for example generic design approval, planning permission, CfD negotiation, state aid, helping current investors secure additional equity and direct negotiation of the arrangements for decommissioning and waste management. 3. Creating the environment in which nuclear operators can finance and successfully deliver a significant nuclear programme in the UK of around 16GW by 2030. 4. Creating the environment in which the UK supply chain can compete effectively to secure a significant proportion of the new build work in the UK and export into the world nuclear market.
DCA (RAG): Exempt FOI
DCA text: Data exempt under Section 43 and Section 35 of the Freedom of Information Act (2000)
Start date: 2008-01-31
End date: 2019-03-31
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. Schedule has been extended for reasons including the on-going negotiations with EDF Energy around the Hinkley Point C Investment Contract.
Baseline: £1.38m
Forecast: £1.38m
Variance: 0.00%
Variance text: Not applicable as no difference
Whole Life Cost: £31.29m
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: Data exempt under Section 43 and Section 35 of the Freedom of Information Act (2000)
Sourcefile: IPA_2014.csv

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