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United Kingdom Atomic Energy Authority Annual Report and Accounts 2010/11 HC 1387 United Kingdom Atomic Energy Authority Annual Report and Accounts 2010/11 www.ccfe.ac.uk HC 1387 United Kingdom Atomic Energy Authority Annual Report and Accounts 2010/11 Presented to Parliament pursuant to Sections 3(5) and 4(3) of the Atomic Energy Act 1954 Ordered by the House of Commons to be printed on 14 July 2011 HC 1387 London The Stationery Office £15.50 © United Kingdom Atomic Energy Authority (2011) The text of this document (this excludes, where present, the Royal Arms and all departmental and agency logos) may be reproduced free of charge in any format or medium providing that it is reproduced accurately and not in a misleading context. The material must be acknowledged as United Kingdom Atomic Energy Authority copyright and the document title specified. Where third party material has been identified, permission from the respective copyright holder must be sought. Any enquiries regarding this publication should be sent to us at United Kingdom Atomic Energy Authority Culham Science Centre Abingdon Oxfordshire OX14 3DB United Kingdom This publication is also for download at www.official-documents.gov.uk This document is also available from our website at www.uk-atomic-energy.org.uk ISBN: 9780102974287 Printed in the UK for The Stationery Office Limited on behalf of the Controller of Her Majesty’s Stationery Office ID P002440324 07/11 Printed on paper containing 75% recycled fibre content minimum. Contents Chairman’s Statement 1 Chief Executive’s Review 3 Management Commentary 5 Corporate Governance 23 Board of Directors 26 Remuneration Report 29 Statement of Directors’ and Accounting Officer’s Responsibility 33 Statement on Internal Control 34 The Certificate and Report of the Comptroller and Auditor General to the Houses of Parliament 36 Consolidated Statement of Comprehensive Income 37 Consolidated Statement of Financial Position 38 Consolidated Statement of Cash Flows 39 Consolidated Statement of Changes in Taxpayers’ Equity 40 Notes to the Financial Statements 41 Glossary 63 © United Kingdom Atomic Energy Authority (2011) The text of this document (this excludes, where present, the Royal Arms and all departmental and agency logos) may be reproduced free of charge in any format or medium providing that it is reproduced accurately and not in a misleading context. The material must be acknowledged as United Kingdom Atomic Energy Authority copyright and the document title specified. Where third party material has been identified, permission from the respective copyright holder must be sought. Any enquiries regarding this publication should be sent to us at United Kingdom Atomic Energy Authority Culham Science Centre Abingdon Oxfordshire OX14 3DB United Kingdom This publication is also for download at www.official-documents.gov.uk This document is also available from our website at www.uk-atomic-energy.org.uk ISBN: 9780102974287 Printed in the UK for The Stationery Office Limited on behalf of the Controller of Her Majesty’s Stationery Office ID P002440324 07/11 Printed on paper containing 75% recycled fibre content minimum. Front / back image 3-D model of MAST, the UK’s flagship fusion device. Chairman’s Statement Professor Roger Cashmore The Chairman The United Kingdom Atomic Energy during the year to utilise the considerable significant restructuring leading up to the Authority (the Authority) manages the UK expertise within CCFE to build up a sale of UKAEA Limited in October 2009. I magnetic fusion research at the Culham significant programme over the next few would also like to thank Ken Vowles, John Centre for Fusion Energy (CCFE), which years, so that at the time of JET closure Kennedy, Mark Slaughter and Arnold is primarily funded by the Engineering the Authority is ready to step into the Wagner who all retired as a non-Executive and Physical Sciences Research Council critical role of designing the demonstration in 2010 after many years serving on the (EPSRC) and EURATOM. CCFE is the reactor. This will involve the modification / Authority Board and the Remuneration and world leading fusion research centre and construction of facilities at Culham in order Audit Committees. We wish all of them well is delivering significant steps towards the to support the technology research. in their new roles. realisation of electricity generation from fusion in the middle of this century. This new programme will also look at I am proud to have been appointed opportunities to diversify into areas which Chairman of the Authority in July 2010 For many years, fusion research has can benefit from the experience at CCFE and look forward to helping the Authority concentrated on understanding the - this includes for example the modelling deliver its aspirations over the coming science of burning plasmas, with of the effects on materials within nuclear years. I also welcome the support of the machines such as the Joint European environments – applicable to new fission new non-Executive members of the Board Torus (JET) at Culham being used by reactors as well as fusion. - Keith Burnett, Stephen McQuillan and researchers to validate their models and Peter Jones, appointed in November 2010, investigate the extremes of understanding. During the year, the Board noted a number who are providing invaluable insight and CCFE operates JET on behalf of the of significant achievements. A major expertise. We also welcome Martin Cox, EURATOM and the other parties to the upgrade to the JET machine (completed Operations Director, who was appointed European Fusion Development in May 2011) was carried out for EFDA as an Executive Director at the same time. Agreement (EFDA). by CCFE installing an ‘ITER-like’ wall which will be used over coming years to Roger Cashmore With the construction of the international finalise the design of ITER and prepare Chairman project, ITER, the next step in fusion its scientific and technical programme. A 5 July 2011 research, now underway in the south of major upgrade to the Mega Amp Spherical France, it is clear that the next phase of Tokamak (MAST), CCFE’s innovative fusion fusion research will concentrate much machine of international significance, more on the technological issues to is now proceeding to final design and be resolved to meet the aspirations of procurement, with first operation planned electricity generation. ITER will be the for 2015. first machine to demonstrate sustained plasmas with significant power output The Authority owns the freehold of the compared to the input. It will be the Culham and the majority of the Harwell final step before the construction of a sites in Oxfordshire and is working with demonstration reactor and will test many of its partners and Government to build the new technologies and materials which up these sites as world class centres of will be required. science, innovation and technology. The Authority aims to be at the forefront I would like to take this opportunity to of the move towards a fusion technology thank Lady Judge, my predecessor as programme, and the Board fully supports Chairman, who, since her appointment in the plans put forward by the Executive July 2004, had led the Authority though the 01 United Kingdom Atomic Energy Authority Annual Report and Accounts 2010-11 Management commentary Professor Roger Cashmore Chairman The Authority Chief Executive’s Review Steve Cowley Chief Executive’s Review Our primary goal is to develop nuclear them into the control room and watch the portfolio of around 40 students in physics, fusion as a source of energy for live installation of the ITER-like wall. The technology and materials science. Not only commercial electricity generation. superb technology and professionalism of do they enliven the technical meetings, It is without doubt one of the most the team never fails to impress our visitors; they also keep us older scientists on important goals imaginable, and one of the indeed, it still impresses me. our toes. most challenging. World class research and innovation is necessary to reach the The MAST upgrade project is well An example of the outstanding work this goal – the Authority is delivering such underway and received positive reviews year is the coupling of high resolution research. This year sees the completion from the MAST Programme Advisory diagnostic measurements of the plasma of a major upgrade of JET, and the start of Committee, chaired by Professor Fritz profiles with sophisticated numerical a substantial upgrade to our UK machine Wagner of the Max Planck Institute, modelling to explain the observation of MAST. Exploitation of these upgrades will and from the Office of Government and long-living saturated plasma instabilities in enable the UK and Europe to maintain Commerce (OGC) gateway review of the MAST. This has suggested that tailoring the a leading role in international fusion project’s delivery strategy. The first element current profile appropriately could avoid developments and will pave the way of upgrade hardware, a positive ion neutral these performance-degrading instabilities, for ITER. injector, has been procured and is on site. and is one of the drives behind the It will provide an extra 2.5 megawatts of inclusion of off-axis neutral beam heating Following our first meeting in Whitehall, power to heat the plasma and give our in the MAST Upgrade to achieve David Willetts MP, Minister of State researchers greater flexibility in the way superior performance. for Universities and Science, visited they use neutral beam heating on MAST. Culham. He expressed his support for the Steve Cowley Authority’s determination to keep the UK This year has been difficult because we Chief Executive and Accounting Officer in the lead in fusion research to develop have had to operate within a constrained 5 July 2011 the commercial potential of fusion, with budget and uncertainties over future benefits to UK industry. Indeed, to date, we funding levels due to the cost of ITER.
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