News 2017

26 February 2017

New Nuclear

The Treasury is facing calls to pour billions of pounds into a string of troubled new nuclear projects which threaten the UK’s energy supplies. Tim Yeo, a former environment minister and energy committee chairman, is warning that the only way the Government can avert a crisis for the country’s nuclear programme is to take a direct financial stake in the projects. Ministers should also actively encourage investment from nuclear companies in China, South Korea and Russia where the the …

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25 February 2017

Small Modular Reactors

Up to 600 jobs could be created if the UK government locates a small nuclear reactor at a decommissioned Gwynedd power station, it has been claimed. Snowdonia Enterprise Zone chairman John Idris Jones is to address a government-sponsored conference on Monday as the Trawsfynydd site could be considered. The small reactors, used on nuclear submarines, are cheaper and generate as much power as the old reactors. Opponents claim the “experimental” technology is still untested. They also insist sites …

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24 February 2017

Hinkley

The Hinkley Point C nuclear plant is risky and poor value for money, according to a House of Lords committee that urged the government to set out a “plan B” in case the £18 billion project is not built on time. In a damning report on energy policy, the Lords economic affairs committee said that household energy bills had already soared by 58 per cent since 2003 and the risk of blackouts had increased, in part due to “poorly designed …

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23 February 2017

New Nuclear – Scotland

RUTH Davidson has been criticised for committing her party to building two new nuclear power stations in Scotland without giving their cost or saying how they would be paid for. The Scottish Conservative leader included the pledge among a package of environmental measures designed to protect the environment and tackle climate change. The Global Challenge, Local Leadership policy paper said the Tories were the only pro-nuclear Scottish party and promised to support “new nuclear power plants at …

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22 February 2017

Nuclear Power

A fire-sale is underway as the punch-drunk nuclear power industry tries to stop the rot. The French government is selling assets so it can prop up its heavily indebted nuclear utilities. Électricité de France (EDF) announced in 2015 that it would sell A$13.8 billion of assets by 2020 to rein in its debt, which now stands at A$51.8 billion. EDF is purchasing parts of its bankrupt sibling Areva, which has accumulated losses of over A$14 billion over the past …

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21 February 2017

New Nuclear

The UK’s failing nuclear programme should be scrapped. That’s according to anti-nuclear group Stop Hinkley, which has said Britain’s nuclear efforts are clearly failing to deliver and could only be achieved through huge public subsidies that the nation can’t afford. The group says ministers should instead focus on creating a wide renewable energy mix bolstered by decentralised micro-generation projects, energy storage and energy efficiency technology. It says these sectors are more cost effective, can be deployed faster and actually …

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20 February 2017

EDF

Les Echos, the French business newspaper, carried an extraordinary article from a Senior Vice President of EdF, the largely state-owned utility that will build the nuclear reactor at Hinkley Point in England. Marc Boillot contends that ‘large nuclear or thermal power plants designed to function as baseload are challenged by the more flexible decentralized model’. He says that the centralised model of power production is dying, to be replaced by local solar and wind, supplemented by batteries and intelligent management …

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19 February 2017

Moorside

The future of Moorside, one of Britain’s three big nuclear projects, was thrown into doubt last night after it emerged that cash-strapped Toshiba and its partner Engie needed to find £225 million in the next two years to fund its preparation. The Cumbrian project was set to be approved at the end of next year, to join Hinkley Point C in Somerset and Wylfa in North Wales as the nuclear alternative to coal and gas. Toshiba has said it will …

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18 February 2017

Sizewell

A Suffolk MP believes much more needs to be done to mitigate the expected impact of traffic on communities across the east of the county if the Sizewell C nuclear power station is built.

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17 February 2017

New Nuclear

The government’s plans to quit the Euratom treaty pose a fresh threat to the UK’s increasingly embattled nuclear new build programme, a new report has warned. The study, issued by the Institute of Mechanical Engineers says that the government’s plans to exit the treaty could imperil fuel supplies, jeopardising energy security as well as threatening plans to build new nuclear reactors and decommissioning activities. Former energy secretary of state Sir Ed Davey told Utility Week last week that withdrawal …

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