HC Deb 15 December 1986 vol 107 cc767-8
15. Mr. Meadowcroft

asked the Secretary of State for Energy if the Central Electricity Generating Board has made financial provision in its reserves to cover the expected costs of long-term storage or disposal of radioactive waste; and if he will make a statement.

Mr. Goodlad

At 31 March 1986 the provision made by the Central Electricity Generating Board for the cost of nuclear waste treatment, storage and disposal, totalled approximately £500 million. The charge to the board's profit and loss account in 1985–86 amounted to some £70 million.

Mr. Meadowcroft

Is it not the case that there is no provision for compensation payments for the purchasers of private property around the proposed sites for the dumping of low-level nuclear waste? Will the Minister state what additional costs would be required for such provision?

Mr. Goodlad

The costs of nuclear waste management represent about 0.03p per unit. As a proportion of the overall price paid by consumers in England and Wales, those costs represent less than 1 per cent. of the total price of electricity. I shall examine the point raised by the hon. Gentleman and shall write to him.

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