Campaign Update

Stop Hinkley Campaign Letter to Greg Clark

Dear Mr Clark,

Congratulations on your appointment as Secretary of State for Business, Energy and Industrial Strategy. We understand that you will now take charge of energy policy. We are writing to you to ask you to make the most of this opportunity to stamp your own mark on Government energy policy by ditching proposals for a new nuclear power station at Hinkley Point C (HPC) in Somerset.

Over the last few months HPC has been described as a white elephant; a …

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Comment

Stop Hinkley Campaign says a Final Investment Decision for Hinkley Point C would be little more than spin

EDF seems to be hoping that by acting swiftly after Greg Clark’s appointment as Secretary of State, it can minimise the risk that the highly favourable terms struck in 2013 to help to bankroll the station are watered down. Above all, EDF’s most cherished sweetener is a guaranteed price of an index-linked £92.50 per megawatt hour in 2012 prices – now worth around £100/MWh.

Stop Hinkley Spokesperson Allan Jeffery said:

If the Company does indeed make a positive Final Investment Decision on

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Do we really need nuclear power to provide baseload power?

The UK Government and pro-nuclear advocates argue that we need nuclear power to provide baseload electricity. In reality the concept of baseload power is quickly becoming obsolete. It is perfectly feasible to design a reliable electricity system based on 100% renewable energy. In fact strong market forces which favour decentralised energy mean that utilities continuing to promote large centralised power stations are threatening their own existence and need to move to a new decentralised utility model as soon as practicable.

Do …

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Daily News Roundup

30 July 2016

Hinkley

A think tank that includes senior Conservative figures among its members has called for the government to call time on the Hinkley C nuclear power plant. Bright Blue, whose advisory board includes Francis Maude, Nicky Morgan and former DECC minister Greg Barker, has said the government needs a new “plan A”. The group stresses that its position is not necessarily endorsed by all members of the organisation, which includes more than 100 parliamentarians. “The Government should abandon Hinkley C – …

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29 July 2016

Hinkley

Chaos over £18bn Hinkley nuclear plant. The government stunned the energy industry last night by announcing a further review of the Hinkley Point nuclear power station hours after EDF, the French state electricity giant, approved the project. Executives at EDF had been expecting the government to sign a subsidy deal connected to the £18 billion plant in Somerset today. Greg Clark, the business and energy secretary, said that he needed until September to study the subsidy contract. Mr Clark said: …

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28 July 2016

Hinkley

Michael Liebreich: Assuming its unions have not succeeded in stopping it, the board of EDF is today expected to wave through a decision on Hinkley C, the first new nuclear power station in the UK for 20 years and, at £18bn, the world’s most expensive power station. The obvious question is why this train-wreck of a project was not killed long ago. To answer this, you have to delve into the politics of the Conservative Party. In 2010, Tory support …

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