Nuclear site auction winners announced

mattWholesale Utilities Markets

The auction of three proposed sites for new nuclear plants finished at the end of april.

The three new nuclear sites, next to existing nuclear plants, at Wylfa, Oldbury and Bradwell, were bought by a consortium of E.ON UK & RWE Npower (Wylfa & Oldbury) and French energy giant EDF (Bradwell)

The combined sale of these three sites is worth up to £387million to the Nuclear Decommissioning Authority (NDA).

The NDA plans to put funds raised to help with their clean-up operations at existing nuclear sites.

This is a major step in implementing the government’s plan for a new generation of nuclear power plants to help realise their goals of lowering carbon emmissions.