The British government is considering a new nuclear authority that will be responsible for cleaning up all Britain’s nuclear sites.
The body, provisionally called the Liabilities Management Authority, would provide a clear view of the total costs of decommissioning. The LMA plans, which are in their early stages, are part of a five-yearly review of the Atomic Energy Authority, which now concentrates on decommissioning civil sites.
It is proposed that ownership of the liabilities remains with the government, and control of them goes to the authority.
The creation of the LMA would mean that BNFL could be sold to investors as a nuclear service company without any liabilities.