The Nuclear Decommissioning Authority

Last Updated: 17 November 2011

The NDA has a corporate social responsibility over its land and property assets.  We currently own some 2,900 hectares of land across the UK, a quarter of which is designated under the Energy Act (2004) and almost entirely licensed for nuclear use. Significant revenue has already been raised by the disposal of some land.  Other land will be needed for nuclear operations and to support the decommissioning and clean-up mission.

 Corporate Asset Management Plan (3Mb)

Objective

To ensure we manage our land and property to support our site restoration activities, and make it available for alternative uses that optimise commercial or socio-economic benefit.

Scope and Boundaries

The land and property management strategy encompasses those assets owned by the NDA as well as those that are additionally occupied by either the NDA or Site Licence Companies (SLCs) under lease, licence or other agreement.  This includes those assets that are within the confines of a Nuclear Licensed Site (NLS) that are for clerical or other non operational requirements.

The strategy identifies a number of options for the management of assets, providing the NDA with opportunities for the further development of value in the asset base.  The NDA has a corporate social responsibility over its land and property assets by the virtue of owning them and recognises this in the undertaking of the strategy.

Interfaces

The land & property management strategy directly interfaces with many other topics, including:

• Site end states strategy is relevant because of the interest of local stakeholders
• Land quality management strategy is relevant because of its potential to affect the property strategy
• Revenue optimisation strategy is relevant because of the potential to secure funds from asset disposal
• Socio-economic and stakeholder relations strategy is relevant because of the impact on local communities
• Funding strategy is relevant because of the potential income from land disposal Credible Options

Current Position

The NDA Corporate Asset Management Plan (CAMP) analyses a number of options under the High Level Property Review (HLPR) undertaken in 2006.  These options address the opportunities for the NDA to own, occupy, manage and develop the asset base under a variety of scenarios, taking into account the requirements of the core mission and the strategic objectives therein.  

These options can be summarised as:  

1. NDA to retain and manage all assets itself, with no significant divestment of non core assets.  This option has already been discounted, not least by the recent land sales.

2. NDA to act as the developer of schemes designed to increase value in the asset base prior to divestment.  This option has been discounted as being contrary to the NDA's core mission and may also be against vires.

3. NDA to establish a vehicle to hold the non core assets and to progress, with partners where appropriate, schemes to increase value in the asset.   

The principle of option 3 above has been adopted and can be summarised as "the NDA retains most assets, disposing those not required for nuclear operational purposes, and selects appropriate site by site partnerships for the private or voluntary sector to undertake schemes in support of new energy, socio economic and environmental considerations"