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Electricity Privatisation

Volume 129: debated on Wednesday 9 March 1988

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To ask the Secretary of State for Scotland what requirements will be laid upon the Scottish electricity companies to participate in United Kingdom Nirex Ltd. under privatisation plans.

Details have yet to be considered, but present expectations are that the SSEB's shareholding in United Kingdom Nirex Ltd. will pass to the successor operator of SSEB nuclear power stations.

To ask the Secretary of State for Scotland what consideration he has given to the present underwriting arrangements in respect of a major incident at a nuclear power plant in his preparation of plans for privatising the electricity supply industry.

Arrangements under the Nuclear Installations Act 1965 will continue after privatisation.

To ask the Secretary of State for Scotland (1) what valuation will be put on (a) unreprocessed spent nuclear fuel, (b) uranium arisings, (c) plutonium arisings, and (d) nuclear waste arisings from South of Scotland Electricity Board nuclear fuel reprocessed at Sellafield, under privatisation;(2) what valuation will be put on low and intermediate level nuclear wastes at South of Scotland Electricity Board plants under privatisation.

It is too early to say what the valuation of these materials will be at the time of the privatisation of the electricity supply industry.