Campaign Update

Paris Court Ruling on Hinkley Point C Risks

A court in Paris has ordered French utility EDF to release a risk analysis report to the group’s works council (CEE) concerning its Hinkley Point C nuclear project. The appeals court in Paris said the firm must communicate the report within a month and must consult the CEE regarding the project within two months.

In 2016, EDF refused to release all documents required by the council for it to be able to issue its advice on the project, triggering CEE’s legal …

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Comment

Is the nuclear tide turning?

Is the tide turning against the new nuclear programme? The UK’s first National Infrastructure Assessment, published by the National Infrastructure Commission (NIC) says the shift to greener energy is a “golden opportunity” – the UK can move to “highly renewable, clean and low-cost energy”, while ending the use of gas for heating and shifting to 100% sales of electric vehicle (EVs) by 2030. It says a “quiet revolution” in renewable costs means government should prioritise wind and solar, echoing new …

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Daily News Roundup

15 January 2019

Nuclear Finance

There’s a bunch of highly misleading statements that the Government is to adopt so-called ‘Regulated Asset Base’ (RAB) financing of nuclear power projects. Yes, some of the mechanisms that are being proposed are also used in RAB, but the term is being grotesquely distorted to hide the fact that this is a cover for the Government risking very large sums of money to be lent to nuclear power developers. Put simply, if the nuclear power projects are as expensive as …

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