So the index is currently down 25.59 points at 6390.57, although elsewhere in Europe, Germany's Dax has moved sharply higher as utility companies benefited from reports they had set aside enough to cover decommissioning of the country's nuclear reactors.
As required by California law, PG&E has established a trust fund created by ratepayers, through their electricity bills over the course of decades, to cover decommissioning costs.
In June, British Energy, owner of eight of Britain's plants and part of the Three Mile Island plant in Pennsylvania, said it would take a $7 billion write-down for the 2002 fiscal year, mainly to cover costs from decommissioning its older nuclear plants.
While unveiling to MPs in the Commons the consultation paper on The Future of Nuclear Power, trade and industry secretary Alistair Darling, told them that: "It will be for the private sector to initiate, fund, construct and operate new nuclear plants, and to cover the cost of decommissioning and their full share of the costs of long-term waste management costs".
This covers the costs of decommissioning old reactors and of cancelling a project that was three-quarters complete.
It covers building, waste management, decommissioning, operations and maintenance.
It must be seen to hold firm to its promise not to subsidise nuclear power, either overtly or covertly, made in the 2006 Energy Review: "It will be for the private sector to initiate, fund, construct and operate new nuclear plants and to cover the full cost of decommissioning and their full share of long-term waste management costs".
This paper describes a design process based on risk-informed probabilistic design methodologies that cover a facility's life-cycle from start of conceptual design through decontamination and decommissioning.
Under the aid package's terms, a government-backed fund would cover any shortfalls in British Energy's ability to pay for the cost of decommissioning its nuclear power plants as their useful life ends; in return, British Energy would pay a portion of its future profits to the fund.
AB705 regulations would cover underground site characterization and approval, well permitting, monitoring, modeling, remediation, drilling and construction specifications, decommissioning procedures, and property rights issues.
