Daily News Roundup, 14 March 2024
Wylfa
CND Vice-President Dr Ian Fairlie writes for us on the purchase of the Wylfa nuclear site in last week’s budget. On March 6, as part of the Spring Budget, the Chancellor announced a deal with the Japanese multinational Hitachi to purchase the defunct and closed Wylfa and Oldbury nuclear sites for £160 million. Hitachi suspended the much larger Wylfa project in 2019 and then abandoned it in September 2020 due to the massively rising costs of building nuclear plants. Many … read more »
Other Daily News: Winfrith | Moorside | SMRs | Holtec | Market Reform & Gas Plants | Climate Policy – Scotland | Zaporizhzhia | Japan | Renewables | Heat Pumps | Solar | Offshore Wind | Energy Storage | Grid Connections | Time of Use Tariffs | V2G | CCS | Methane | Fuel Poverty | Batteries | more news »
Weekly News Summary
Nuclear News Weekly Summary w/e 8th March 2024
Chancellor, Jeremy Hunt, announced a deal with Hitachi to purchase the Wylfa and Oldbury sites for £160m, as part of Budget. People Against Wylfa B called it a cynical move to try to offer support for Virginia Crosbie to keep her Ynys Môn seat. Great British Nuclear (GBN) also announced that the six companies in the SMR Technology Selection Process can now access tender documentation, allowing them to bid for potentially multi-billion-pound technology development contracts by June … read more »
Comment & Updates
Nuclear Roadmap is Pure Fantasy
The Stop Hinkley Campaign has described the Government’s so-called Nuclear Roadmap (1) as “pure fantasy”.
The Roadmap majors on plans to explore the possibility of building another large-scale power plant as big as Hinkley Point C. Anglesey and Cumbria are suggested as possible sites. But these sites were designated twelve and a half years ago and have come to nothing. The problem is finding somebody willing to invest the huge sums of money required for these risky projects. SSE, Iberdrola, Engie … read more »