Sensitivity to assumptions concerning costs, inflation rate, long-term discount rate, and disbursement schedules can be estimated through comparison of the gross amount estimated under year-end economic conditions with the present value of the amount.
31/12/2022 | 31/12/2021 | |||
---|---|---|---|---|
Provisions related to nuclear generation within the scope of the Law of 28 June 2006 (in millions of euros) | Costs based on year-end economic conditions | Amounts in provisions at present value | Costs based on year-end economic conditions | Amounts in provisions at present value |
Spent fuel management | 16,194 | 10,184 | 16,121 | 10,683 |
Amount unrelated to the operating cycle | 3,417 | 1,607 | 3,282 | 1,726 |
Long-term radioactive waste management | 36,996 | 12,475 | 36,779 | 14,233 |
Back-end nuclear cycle expenses | 53,190 | 22,659 | 52,900 | 24,916 |
Decommissioning of nuclear plants in operation | 21,381 | 12,125 | 20,479 | 12,680 |
Decommissioning of shut-down nuclear plants | 8,219 | 4,969 | 7,718 | 5,050 |
Last cores | 4,189 | 2,434 | 4,349 | 2,660 |
Decommissioning and last core expenses | 33,789 | 19,528 | 32,546 | 20,390 |
PROVISIONS RELATED TO NUCLEAR GENERATION WITHIN THE SCOPE OF THE LAW OF 28 JUNE 2006 * | 42,187 | 45,306 |
* Scope of application of the law of 28 June 2006 on the sustainable management of radioactive materials and waste and its application decrees concerning secure financing of nuclear expenses. The provisions that do not fall within the scope of this law are provisions for the back-end of the nuclear cycle concerning non-EDF installations.
The cumulative disbursements of nuclear expenses (based on gross values at year-end economic conditions) are distributed as follows:
2022 | |||
---|---|---|---|
Provisions related to nuclear generation within the scope of the Law of 28 June 2006 | Costs based on year-end economic conditions | ||
(in millions of euros) | Disbursement expected within 10 years | Disbursement expected after 10 years* | Total |
Spent fuel management | 7,892 | 8,302 | 16,194 |
Amount unrelated to the operating cycle | 534 | 2,883 | 3,417 |
Long-term radioactive waste management | 5,422 | 31,574 | 36,996 |
Back-end nuclear cycle expenses | 13,314 | 39,876 | 53,190 |
Decommissioning of nuclear plants in operation | 499 | 20,882 | 21,381 |
Decommissioning of shut-down nuclear plants | 3,093 | 5,126 | 8,219 |
Last cores | 499 | 3,690 | 4,189 |
Decommissioning and last core expenses | 4,091 | 29,698 | 33,789 |
* Over a 20-year and 50-year horizon, 22% and 42% respectively of cumulative disbursements (at year-end economic conditions) will concern long-term radioactive waste management provisions, and 36% and 96% respectively will concern decommissioning provisions.