This is the report on NDA performance in the financial year 2015 to 2016. It includes an overview from the Chief Executive Officer, audited financial statements, a summary of key milestones and activities for each of the Site Licence Companies and subsidiaries. A sustainability report is available separately.
NDA Chief Executive John Clarke said:
This year we have demonstrated real progress towards our objective to decommission old nuclear facilities across the UK and reduce related hazards. In particular, the decommissioning of Sellafield’s aging Pile Fuel Storage Pond, has led to a 70 per cent reduction in radioactivity levels.
Our continued offsetting of costs through commercial income, which totalled £1 billion last year, coupled with our commitment to improve the use of Small and Medium-sized Enterprises, means we are delivering significant value for the UK taxpayer, alongside our core mission to clear up Britain’s nuclear legacy.
During a successful 2015/16 financial year, the milestones include:
NDA estate finances
NDA’s third Strategy was published after a period of consultation with stakeholders and outlines long-term priorities
the current estimate for the future clean-up costs across the UK is around £117 billion (£161 billion discounted), spread across the next 120 years or so. Last year’s estimate was £118 billion.
increased savings from collaborative procurement, which combines demand in goods and services across the estate, to almost £87 million, compared to the previous year’s £65 million savings
achieved 22 per cent of spend with SMEs which is on trend for achieving the overall target of 31 per cent with this group of suppliers by 2020. The total 2015-2016 supply chain spend was almost £1.76 billion
achieved more than £1 billion of commercial income of through contracts for reprocessing and management of spent fuels, electricity generation at Wylfa and ongoing asset disposal
Low Level Waste Repository
- continued to divert material away from the Low Level Waste Repository to alternative treatments such as recycling, combustion and use of licensed landfill sites, bringing the total diverted to 89 per cent of material, reducing demand for space at the facility