News
Publish date: April 3, 2006
News
The right to put the group up for sale came last week from the Britain’s secretary of the Department of Trade and Industry Alan Johnson, which runs the UK’s recently-formed Nuclear Decommissioning Authority or NDA, which has the responsibility of safely decommissioning the UK’s aging nuclear sites, one of which is Sellafield.
BNFL’s Chief Executive Michael Parker greeted the news enthusiastically.
“The sale is a positive strategic move for both the business and our employees. It gives the business the opportunity of increased performance and at the same time gives our employees increased career opportunities and the chance to earn a better future, “ he said in a statement last Thursday.
“We now look forward to working closely with the […] NDA to develop the criteria against which preferred bidders will be selected. I expect that there will be significant interest from potential purchasers.”
Lawrie Haynes, British Nuclear Group’s Chief Executive, said: “A strong British Nuclear Group means strong competition and that can only be good news for the NDA and the UK taxpayer. The stronger we are, the better placed we are to safely deliver what I call ‘Big V’, that is the value we can create for UK taxpayer by reducing the overall lifetime bill for cleaning up the UK’s nuclear legacy.
He added that BNG would deliver this value by making real progress in safely cleaning up the sites, actively managing the supply chain while at the same time demonstrating our clear commitment to the communities in which BNG operates.
“The right buyer will enable us to complement our skills with theirs to create a powerful player in the global nuclear clean-up market and ‘raise the bar’ in terms of subsequent competitions. This delivers enhanced value to the NDA by accelerating nuclear clean-up in the UK,” said Haynes.
There are as yet no clear buyers for BNG, but media speculation has indicated that Fluor, Halliburton and Bechtel are eyeing the group.
Recent attacks on Ukraine’s Zaporizhzhia nuclear power plant "mark the beginning of a new and gravely dangerous front of the war," the UN atomic agency's director general said last week.
After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.
In the midst of a global discussion on whether natural gas should be used as a transitional fuel and whether emissions from its extraction, production, transport and use are significantly less than those from other fossil fuels, Russia has developed ambitious plans to increase its own production of liquified natural gas (LNG) in the Arctic – a region with 75% of proven gas reserves in Russia – to raise its share in the international gas trade.
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our main focus lies in identifying the factors that contribute to pollution risks and climate change.