Socio-economic support
Background
The Energy Act 2004 outlined an obligation on the Nuclear Decommissioning Authority (NDA) to consider the socio-economic impacts of its activities on local communities.
Magnox’s socio-economic approach
Magnox is committed to providing and enabling socio-economic support for the communities in which it operates.
A new Magnox socio-economic plan, developed to take into account the impacts of decommissioning related to the Magnox Optimised Decommissioning Programme (MODP), was produced and agreed in 2011. The MODP represents a major change to the work programme across Magnox requiring an assessment of the socio-economic implications for local communities in-line with the requirements of the Energy Act 2004 to mitigate the effects of decommissioning on the surrounding communities and develop opportunities for socio-economic development.
This has led to the development of a new single Magnox socio-economic scheme, which works in partnership with the NDA and EnergySolutions to fund projects in neighbouring communities. Nationally the NDA has £10 million to support socio-economic development across its estate. This combined with a substantial donation from EnergySolutions provides around £1 million for socio-economic development at Magnox sites. The scheme also has pull-down funding available from the NDA for larger schemes which will be assesed on the quality and level of the application.
A new web based portal where community organisations can apply for funding launched on 02 April 2012. This replaces all existing Magnox, NDA and EnergySolutions sponsorship and socio-economic funding arrangements for Magnox sites.
How to apply for funding
Go to http://magnoxsocioeconomic.com to access the socio-economic web portal where you can apply for funding and read the funding guidelines and other documentation to assist you with your application.
If you have any questions or problems with the portal please email magnox.communications@magnoxsites.com
