Moorside

Government money could help “unlock progress” with the troubled Moorside nuclear power station, according to Tim Yeo. Speaking to Utility Week, the chairman of New Nuclear Watch Europe and former chairman of the energy and climate change select committee said there was a question of whether the British government “is willing to put any of its own money” into Moorside, either by way of a loan or an equity stake in the power station. Yeo said he believed this would “undoubtedly unlock progress” with the project. Last week it was revealed Chinese General Nuclear (CGN) are looking to bid for an equity stake in the NuGen site in Cumbria. Yeo said it was “useful” to have CGN in the background as there have also been discussions between NuGen and the South Korean firm Kepco about investing in Moorside. “I think there’s still a difficulty over the [strike] price,” he told Utility Week. “Obviously, from the government’s point of view any future strike price will have to be significantly below Hinkley. I’m sure both Kepco and CGN are capable of delivering a price below the Hinkley strike price, but there’s a haggle to take place there.”

Utility Week 29th Sept 2017 read more »

Posted: 30 September 2017

New Nuclear

Caroline Flint MP & Lisa Nandy MP joined the Nuclear Industry Association’s Chief Executive on the panel at a Labour conference fringe event, discussing how nuclear energy can play a role in rebalancing the UK economy. The panel which comprised of: Jon Bernstein (Chair), Caroline Flint MP, Lisa Nandy MP, Tom Greatrex, chief executive at the Nuclear Industry Association and Paul Spence, director of strategy and corporate affairs at EDF, talked about nuclear’s role in the future energy mix as a source of low carbon affordable energy. There was also discussion about the role the state could play in the development of large infrastructure projects and how energy could be a driver in rebalancing the UK economy. Opening the session Caroline Flint, former shadow secretary of state for energy and climate change set the scene for the future challenges in the UK energy mix. She highlighted predictions that the UK would require 20 per cent more electricity over the next 20 years whilst a significant amount of current generation would be coming off the grid. Flint said meeting this gap would need a mix of renewable and nuclear technologies. Turning to Hinkley Point, she said it remained to be seen whether the £92.50/MWh would turn out to be good value for money as electricity prices feel and consumers took a big hit. However, she added that did not mean she did not support the project as it sent out the message that the UK supported nuclear energy. Nevertheless, she said there needed to be competition in the industry to further drive down prices. Finally, Flint discussed the potential of small modular reactors to contribute to UK industrial policy. She said they were cheaper and quicker to build than large nuclear power stations, were UK owned intellectual property, 75 per cent of the supply chain was British and had great export potential. Lisa Nandy said that for a party committed to tackling poverty and climate change it was necessary to have a focus on keeping bills low. Nandy highlighted that in her communities when constituents heard “climate change” they thought of bills going up and their jobs disappearing. Effectively tackling climate change needed communities to be on board, she added. She also felt there was a real potential for stabling a stronger cross party consensus on climate change. On Hinkley she agreed with Flint and said she wanted to see better deals for nuclear energy in the future. Nandy also said that on joining the shadow cabinet she had an honest discussion about nuclear energy with Jeremy Corbyn and had found him very willing to listen to the case for the technology. She explained that nuclear energy was important for the Labour party because it was one of the best sources of well paid jobs outside of London.

Politics Home 29th Sept 2017 read more »

Posted: 30 September 2017

Capacity Market

This weekend sees the introduction of capacity payments in the UK for the first time since the Electricity Pool was replaced by the NETA new trading arrangements in 2001. As of Sunday, some 50 GW of the country’s existing generation, plus interconnection and new capacity, will be paid to guarantee availability on request of system operator National Grid. The government’s aim, prompted by the failure of the wholesale market to provide an investment signal, is to ensure security of supply by keeping existing power stations available, while encouraging construction of new ones. The mechanism is seen as contentious because of its likely deadening effect, over time, on scarcity pricing in energy-only markets. Criticism of this regulated approach is that capacity mechanisms have a tendency to over-procure capacity, exacerbating the “missing money” problem they seek to address. This is worsened by allowing mechanisms to run on year after year, with investment decisions increasingly focused on capacity fees, irrespective of wholesale market signals. This then creates a “missing market” problem, killing innovation in new products to deal with the flexibility needs thrown up by the transition to renewables.

Platts 29th Sept 2017 read more »

Posted: 30 September 2017

SMRs

Westinghouse Electric Company has re-affirmed its commitment to delivering economic benefit to the United Kingdom through the company’s Small Modular Reactor (SMR) shared design and development model – allowing the U.K. to move from buyer to global provider of SMR technology. “More than 85% of our SMR’s design, licence and procurement scope can be delivered by the U.K. Additionally, the fuel would also be manufactured at our Springfields facility, in Lancashire, in the U.K. – this is a special offering that only Westinghouse, with U.K. partners, can deliver.”

Energy Voice 28th Sept 2017 read more »

Posted: 30 September 2017

World Nuclear

“The nuclear species is going extinct” Mycle Schneider, lead author, World Nuclear Industry Status Report, September 12, 2017. The “nuclear renaissance” that we have long waited for is falling short. In the wake of the 2011 Fukushima disaster, the number of new projects has drastically dropped. Among other things, they’ve been plagued by huge cost overruns, lower cost competitors, public fear, an aging workforce, rare required materials, and often unmanageable waste problems. According to the World Nuclear Industry Status Report, the number of construction starts of nuclear reactors worldwide has sunk from a high of 15 in 2010, to 10 in 2013, to 8 in 2015, to 3 in 2016, and to just 1 in the first half of 2017. And most tellingly, premature nuclear shutdowns are occurring in even the richest nations. Nuclear power has been doomed by cost escalation, while gas, efficiency, and renewables continue to get cheaper. And subsidizing nuclear plants isn’t popular in the states where ratepayers would have to foot the bill. Simply put, political intervention in the U.S. electric power system distorts the market and is bad energy policy.

Forbes 29th Sept 2017 read more »

Posted: 30 September 2017

Sellafield

The Sellafield Ltd Supply Chain Strategy sets out how we will work with the supply chain to deliver the Sellafield mission.

Sellafield 28th Sept 2017 read more »

Posted: 30 September 2017

Hunterston

FIRE crews were called to an incident at a converter station at Hunterston for a £1bn, 260-mile undersea power cable between Scotland and England. There were reports of an explosion taking place at the site, and images appeared on social media of smoke coming from the scene. Scottish Fire and Rescue were called to the site near the Hunterston nuclear plant on Thursday afternoon. The facility was visibly damaged by the explosion, with several pieces of outer cladding shaken loose.

Ardrossan Herald 27th Sept 2017 read more »

Posted: 30 September 2017

Hinkley

IT is one year since the contracts were signed for the new nuclear power plant at Hinkley C, so what has been happening at the site in that time? Construction is fully underway and here is some of the progress that has been made on one of Europe’s largest construction sites: 2,000 workers are on site every day, 65,000 meals every month needed to feed the growing workforce. 1,500 bed “Campus” accommodation for workers under construction with 500 beds on the site and 1,000 in Bridgwater – supplied by Newark-based Caledonian Modular.

Bridgwater Mercury 28th Sept 2017 read more »

Somerset Live 29th Sept 2017 read more »

ITV 29th Sept 2017 read more »

Royal Navy team visits Burnham-on-sea to detonate 250ib WW2 bomb.

Burnham-on-sea.com 29th Sept 2017 read more »

Posted: 30 September 2017

Energy Policy

Britain’s switch to low-carbon energy could give a £21 billion boost to the economy. By calculating the “size of the prize” in clean energy futures our work shows that up to £21 billion of new value is available – but new value for whom? Clean energy policy cannot simply be about developing new technology. The value created by the UK’s offshore wind farms, nuclear power plants or carbon capture needs to flow towards its citizens, while export opportunities in offshore wind and storage technologies are maximised.

The Conversation 29th Sept 2017 read more »

Posted: 30 September 2017

Scottish Regulations

In January 2017, the Scottish Government and SEPA consulted on proposals for an integrated authorisation framework. The aim of the framework is to integrate, as far as possible, the authorisation, procedural and enforcement arrangements relating to water, waste management, radioactive substances and pollution prevention and control. The integrated authorisation framework will be developed in a phased manner, starting with radioactive substances. The framework has a key role to play in enabling SEPA to delivers its regulatory startegy, One Planet Prosperity. It will help SEPA to deliver proportionate, joined up, outcome focused regulation that significantly simplifies the regulatory landscape and reduces regulatory burden. This benefits SEPA, those SEPA regulates and through supporting compliance, the environment. In this further consultation we are consulting on the draft regulations which will make the framework a reality. It sets out the common framework and technical requirements relating to radioactive substances.

SEPA 28th Sept 2017 read more »

In addition, this consultation package also seeks your views on supporting key SEPA guidance that will support implementation of the framework. These are: Public participation statement; Guidance on who can hold an authorisation; and An authorisation guide for radioactive substances activities.

SEPA 28th Sept 2017 read more »

Posted: 30 September 2017