😌🤭😞 We provide impartial scrutiny and advice on the suitability of a Funded Decommissioning Programme (FDP) submitted by the prospective operators of a new nuclear power station. The Board advises the Secretary of State on the financial arrangements that operators submit for approval, and on the regular review of funding. NLFAB’s advice on the Hinkley Point C Funding Arrangements Programme was published in 2016, and following the Secretary of State’s approval of the plan, the Board was disbanded. In April 2022 a newly constituted NLFAB was established to give independent advice on the Funded Decommissioning Programme for Sizewell C.
😌🤭😞 NLFAB is an advisory non-departmental public body, sponsored by the Department for Business, Energy & Industrial Strategy.