of offsetting income from reprocessing fuel at Sellafield. In 2009, the NDA sold land near three existing reactor sites for expected new nuclear power stations, for over £200million. In 2013, a critical Public Accounts Committee report stated that the private consortium managing Sellafield has failed to reduce costs and delays. Between 2005 and 2013, the annual costs of operating Sellafield increased from £900 million to about £1.6billion. The estimated lifetime undiscounted cost of dealing with the Sellafield site increased to £67.5billion. Bosses were forced to apologise after projected clean-up costs passed the £70billion mark in late 2013. In 2014, the undiscounted decommissioning cost estimate for Sellafield was increased to £79.1billion, and by 2015 to £117.4billion. The annual operating cost will be £2billion in 2016. In 2018, the discount rate used in evaluating future spending was changed from a HM Treasury determined real terms discount rate to a rate that combined a nominal discount rate and an implied inflation rate based on Consumer Price Index forecasts. This nearly halved the estimate of the remaining cost of decommissioning and clean-up. National Nuclear Laboratory In 2006, the then Secretary of State for Trade and Industry announced his support for a National Nuclear Laboratory (NNL) to be based on the British Technology Centre at Sellafield and Nexia Solutions. The NDA, as the owner of Sellafield site and the funder of majority of research required across the nuclear estate, was involved establishing the NNL in 2009. The NNL complements other initiatives to develop a sustainable workforce such as the National Skills Academy for Nuclear (NSAN) network, including the development of Energus in West Cumbria, alongside complementary research and development facilities such as the Dalton Nuclear Institute. References External links Energy in the United Kingdom Nuclear waste companies Non-departmental public bodies of the United Kingdom government Radioactive waste repositories Nuclear research institutes Nuclear regulatory organizations 2004 establishments in the United Kingdom Organizations established in 2004 2004 establishments in England Waste companies established in 2004 British companies established in 2004