Energy Bill

No, as I must make progress. The new legislative framework in clauses 41 to 63 in part 3 will ensure that all operators have in place a robust financing arrangement, in the form of a funded decommissioning programme, before operation of a power station commences. The Bill will require every operator to have a fully costed technical plan for each new nuclear power station that sets out in detail how the station's nuclear waste will be dealt with safely, and how the station will eventually be decommissioned. The Bill will also require all operators to have a financial plan that describes how they will provide the necessary funds to meet those costs. Both plans will form a funded decommissioning programme that will be subject to approval by the Secretary of State.