EDF Energy currently owns and operates 8 nuclear power plants in the UK. On current plans, 7 of those stations - the Advanced Gas-Cooled Reactor stations (AGRs) - are due to start to close from 2023 on a rolling basis to 2030. The decommissioning of the stations will be funded by the Nuclear Liabilities Fund, a segregated fund managed by trustees and underwritten by government.
The Department for Business, Energy and Industrial Strategy (BEIS) is working with EDF Energy and the Nuclear Decommissioning Authority to consider how efficient and cost-effective decommissioning of EDF Energy’s stations can be planned for and delivered. This work includes consideration of how the stations will be owned and managed in the future.
BEIS expects this work to conclude Summer next year.