HC Deb 15 December 1992 vol 216 cc143-4W
Mr. Cohen

To ask the President of the Board of Trade, pursuant to his answer of 1 December,Official Report, column 107–8, if he will establish a separate fund for the proceeds of the fossil fuel levy in order that the amounts applied from it to the decommissioning costs of nuclear power stations can be quantified.

Mr. Eggar

In addition to premium income from the levy, Nuclear Electric receives income from the sale of electricity. From this total income, the company must finance its current operations and make provision for decommissioning its stations. How precisely these funds are provided for is a matter for Nuclear Electric plc, subject to the safety requirements of the Health and Safety Executive's nuclear installations inspectorate and to the scrutiny of the company's auditors.