Page last updated at 06:38 GMT, Friday, 5 February 2010

150m a year to clean up Dounreay

Dounreay
The incident happened inside the site's dome in July.

Potential bidders aiming to take over the running of the Dounreay nuclear plant in Caithness will have up to £150m a year to manage the site.

The Nuclear Decommissioning Authority (NDA) said the cash would provide "value for money" for whoever takes control of the plant.

The 140-acre facility opened in 1955 and manufactured its last batch of nuclear fuel in 2004.

The government has said it will be decommissioned by 2025.

Those interested in vying for the contract to take over the running of the site are due to meet in Caithness later for the first of two meetings.

Dounreay was the UK centre for fast reactor research and development from 1955 until 1994, with three reactors, fuel processing and other facilities on site.

Randall Bargelt, the NDA's Dounreay site director, said: "It is important to all of us to achieve the best possible outcome for Dounreay through the competitive process.

"And the fact that we can now present a stable, attractive, package to potential bidders is really good news, particularly in the current financial climate."

He added: "The Dounreay site has been widely recognised for its excellent decommissioning progress - and the agreed funding will offer the opportunity to improve short term affordability at the site, whilst at the same time maintaining the momentum of the Dounreay decommissioning programme."

The second part of the industry event is due to be held in Glasgow 9 March.



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