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Nuclear parent firm sought for £5bn decommissioning programme

The Nuclear Decommissioning Authority this week began seeking a new parent firm for the two companies that operate 12 historic nuclear sites.

The competition will see ownership of Magnox and Research Sites Restoration transfer to a new organisation that will take forward a decommissioning programme valued at between £4bn to £5bn over next seven years.

Nine of the Magnox sites in Scotland, Wales and England are nuclear power stations that have stopped generating and are in various stages of decommissioning, while one, Wylfa on Anglesey, is still generating electricity but is expected to close by 2014. Magnox is currently owned by EnergySolutions.

The two RSRL sites at Harwell and Winfrith are former research centres that housed some of the UK’s earliest experimental reactors but are now well advanced in their decommissioning programmes. RSRL is currently owned by Babcock International Group.

 

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