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Sellafield Cleanup Cost Rises To $175 Billion Amid Tensions With Treasury

Friday November 1, 2024. 04:30 AM , from Slashdot
Sellafield Cleanup Cost Rises To $175 Billion Amid Tensions With Treasury
An anonymous reader quotes a report from The Guardian: The cost of cleaning up Sellafield is expected to spiral to 136 billion pounds ($175 billion USD) and Europe's biggest nuclear waste dump cannot show how it offers taxpayers value for money, the public spending watchdog has said. Projects to fix buildings containing hazardous and radioactive material at the state-owned site on the Cumbrian coast are running years late and over budget. Sellafield's spending is so vast -- with costs of more than 2.7 billion pounds a year -- that it is causing tension with the Treasury, the report from the National Audit Office (NAO) suggests. Officials from finance ministry told the NAO it was 'not always clear' how Sellafield made decisions, the report reveals. Criticisms of its costs and processes come as the chancellor, Rachel Reeves, prepares to plug a hole of about 40 billion pounds in her maiden budget. Gareth Davies, the head of the NAO, said: 'Despite progress achieved since the NAO last reported, I cannot conclude Sellafield is achieving value for money yet, as large projects are being delivered later than planned and at higher cost, alongside slower progress in reducing multiple risks.'

He added: 'Continued underperformance will mean the cost of decommissioning will increase considerably, and 'intolerable risks' will persist for longer.'

David Peattie, the NDA's chief executive, said: 'Sellafield is one of the most complex environmental programs in the world. We're proud of our workforce and achievements being made, including the unprecedented retrieval of legacy waste from all four highest hazard facilities. But as the NAO rightly points out there is still more to be done. This includes better demonstrating we are delivering value for money and the wider significant societal and economic benefits through jobs, the supply chain and community investments.'

Read more of this story at Slashdot.
https://hardware.slashdot.org/story/24/10/31/2243207/sellafield-cleanup-cost-rises-to-175-billion-am...

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