Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty’s Government what financial caps have been agreed with EDF and the Chinese investors in relation to the cost of storage of Hinkley Point’s nuclear waste.

The Waste Transfer Contracts for Hinkley Point C were agreed between the Government and NNB Generation Company (HPC) Ltd, which will be the operator of the Hinkley Point C power station, and is owned by EDF and their investment partner, China General Nuclear.

The costs of nuclear waste have been dealt with in the contract to avoid the legacy issues associated with previous nuclear projects. Owners will pay for waste disposal and all costs of interim waste storage. The financial cap set for disposing of waste for Hinkley Point C is £1,159,250/tU for spent fuel and £65,850/m3 for intermediate level waste. These values will be indexed for inflation.