The NDA is partly funded by Government and also derives income from land, property and commercial activities.
Future income is not guaranteed, as much of it depends on the operation of ageing facilities and infrastructure.
Income significantly reduces in the short-term, primarily due to the end of Magnox electricity generation. Accordingly, executing our core mission at the same rate will require an increase in Government funding, unless additional revenue can be generated.
To help fund decommissioning and clean-up without materially impacting on our core mission, or increasing liabilities, we will develop commercial opportunities to maximise revenue from our existing assets, operations and people. These opportunities may include:
Some of these opportunities may arise from the UK's new reactor programme.
Successful past examples of this approach are the sale of land and the transfer of Springfields Fuels Limited to the private sector.