Daily News Roundup

25 October 2014

Energy Policy

Britain will no longer be forced by the European Union to build wind and solar farms under a climate change deal which gives member states flexibility over how they cut emissions. The agreement means that all 28 member states have accepted emissions targets for 2030 which are similar in scope to the target Britain had already set itself. In practice, this means Britain could decide to cut emissions by building nuclear power stations and adding carbon capture systems to …

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24 October 2014

Hinkley

David Lowry: Overlooked in the political frenzy over the success of Ukip in the two by-election results is Nigel Farage’s curious backing for Brussels’s support for massive multibillion-pound subsidies for new nuclear power plants in Britain. In fact the costs of this giant twin reactor project have continued to escalate as planning has gone ahead by the coalition government, with the full support of Labour’s leadership — if not its membership. Back in 2006, the current Lib Dem Energy Secretary …

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23 October 2014

Hinkley

Cambridge nuclear engineer casts doubt on whether Hinkley Point EPR nuclear plant can be constructed. ‘The EPR is safe, very safe’ said Tony Roulstone at a lecture in Oxford on Tuesday 21st October. But the complexity of the design means it is extraordinarily difficult to build. This type of reactor is, he said, perhaps in an unguarded moment, ‘unconstructable’. Areva, the French company that owns the EPR design, is no longer actively selling power stations of this type. In those …

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22 October 2014

Hinkley

National Audit Office investigation must be expedited quickly not just for Hinkley Point but for billions of pounds of investment in new nuclear across the country including West Cumbria, Wylfa and Oldbury says GMB. GMB, the union for energy workers, responded to the announcement by the National Audit Office that it is conducting an investigation into the strike price agreed for Hinkley Point C and that it will report to Parliament at an appropriate point. See notes to editors for …

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21 October 2014

Hinkley

The Stop Hinkley Campaign today welcomed news that the National Audit Office (NAO) has begun an investigation into UK Government plans to subsidise the proposed new Hinkley Point C nuclear power station. (1) The NAO is the financial watchdog which scrutinises public spending on behalf of parliament. Stop Hinkley Spokesperson Allan Jeffery said: “This is an extraordinarily bad deal, locking consumers into high prices until almost 2060. Worse still it will use up most of the money available to subsidise …

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20 October 2014

Hinkley

PLANS for a new £16bn nuclear power plant in Somerset which will create up to 25,000 jobs, came a step closure to fruition after the European Commission gave approval. The commission had been investigating whether the terms of the deal struck between French firm EDF and the Government constituted illegal state aid for the build of Hinkley C.

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19 October 2014

Hinkley

The Stop Hinkley Campaign today welcomed the audit of Government plans to subsidise the proposed new Hinkley Point C. Stop Hinkley spokesman Allan Jeffrey said it was “an extraordinarily bad deal, locking consumers into high prices until almost 2060. Worse still it will use up most of the money available to subsidise non-fossil fuel energy leaving almost nothing available for renewables at a time when their costs are plummeting,” he added. The NAO move follows pressure from the House of …

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18 October 2014

Hinkley

Hinkley Point is decided. The so-called guardians of EU law failed us, the single energy market broken, the rule of law diminished, and Europe’s so-called “energy union” still born. If we’re lucky it will take us five maybe ten years to recover from the Hinkley scandal. If we’re unlucky, then never.

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17 October 2014

Hinkley

The National Audit Office has begun an investigation into the controversial subsidy regime for the planned new Hinkley Point C nuclear plant in Somerset, a week after Brussels approved taxpayer support for the project. The financial watchdog, which scrutinises public spending on behalf of parliament, said it would be checking whether the guaranteed prices of £92 a megawatt hour – double the current cost of electricity – represented “value for money”. The NAO move, which follows pressure from a House …

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16 October 2014

Hinkley

Alistair Phillips-Davies, chief executive of SSE: Last week, the European Commission gave the go-ahead for EDF’s Hinkley Point C nuclear power plant to receive legal subsidy, paid for through the bills of UK energy customers. This power station is a major moment for the Government’s energy policy and could power millions of homes. It is not cheap, however, and by some estimates could add around 3% to bills when it starts to produce electricity in the mid-2020s. It hasn’t been …

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