A plan by the nuclear industry to build a £1bn fuel processing plant at Sellafield is being backed by the government’s chief scientist. The plant would turn the UK’s 60,000 tonnes of high-level nuclear waste into reactor fuel that will provide 60 per cent of this country’s electricity until 2060, it is claimed. But the plan is controversial. A report by the Nuclear Decommissioning Authority, which operates the Cumbrian plant and backs the plan, acknowledges the move could have ‘downside’ economic costs, although it also stresses it has many benefits. In addition, green groups say the move would lead to the creation of ‘a plutonium economy’ in Britain that would see large quantities of nuclear fuel being transported across the country.
Observer 23rd Dec 2007 more >>
THE US nuclear-armed missile that the Westminster government is hoping will replace Trident may not actually fit into British submarines, creating a “major headache” for UK weapons designers. The Sunday Herald has seen evidence that US designers are contemplating new missiles too big to slot into the tubes that house Trident’s current D5 missiles.
Sunday Herald 23rd Dec 2007 more >>
Scottish & Southern Energy, the utility giant, has emerged as a leading contender to buy Airtricity, one of the world’s leading renewable energy firms. Airtricity, which is based in Ireland and is developing a portfolio of onshore and offshore wind farms across Europe, is understood to have hired investment bank Credit Suisse to advise it on a potential sale of the company. The appointment came just weeks after Airtricity sold its US wind farms to German utility giant E.ON for €1bn (£730m). First- round offers for the remaining European assets were due on Thursday. Industry executives believe they could fetch up to €1bn.
Sunday Telegraph 23rd Dec 2007 more >>