Nuclear power is soaring up the agenda. The Government has recently further elevated new nuclear build by establishing the Office of Nuclear Development (OND), while the Nuclear Decommissioning Authority (NDA) has entered into various land acquisition agreements with nuclear utility developers and transferred ownership of Sellafield. The private sector has been busy too, with EDF Energy’s £12.5bn takeover offer for British Energy. All this activity may appear rather disparate and unsynchronised, but when one lifts the various ‘ministerial’, ‘commercial’ and ‘regulatory’ veils, the picture becomes clearer.
Legal Week 16th Oct 2008 more >>
Letter from Steuart Campbell: I wonder why Professor Stephen Salter (Letters, 9 October) mischievously persists in associating the cost of operating nuclear power stations, especially those owned and operated by British Energy, with the “clean-up” cost faced by the Nuclear Decommissioning Authority (NDA).
Scotsman 16th Oct 2008 more >>
The Department for Energy and Climate Change promises to be a lively place. Ed Miliband’s new department was formed from the merger of two arms of government that were barely on speaking terms. And now Joan Ruddock, MP, the former chair of CND, has been lobbed into the mix as a junior minister. For a Government championing the biggest expansion of nuclear power in Britain in 40 years, it is an interesting choice. Pro-nuclear officials from the Business Department were aghast. The word from Whitehall Place is that Mr Miliband is fully signed up to new nuclear and there is no question that he will alter course. He will need all his political skills to ensure the climate is not too stormy.
Times 15th Oct 2008 more >>
Letter from Kim Howells MP: Energy companies will use the dodgy analyses of their discredited friends in the banking and consulting world to avoid investing in what we need to build immediately: a portfolio of nuclear power stations, renewable generation, greener fuels, energy conservation and technology that gives us more bangs for our bucks when we are forced to continue to burn hydrocarbons.
Times 16th Oct 2008 more >>
Tests are being carried out to ensure Jersey and Guernsey have adequate safety plans in place in the event of a nuclear accident in France. French authorities will hold an exercise at a nuclear waste treatment plant at Cap de la Hauge on the Normandy coast on Thursday. It will include checking Jersey and Guernsey’s dedicated telephone links to the French authorities.
BBC 15th Oct 2008 more >>
One problem is that the dollar price falls of oil have not benefited Britain because sterling has fallen in value by 15 per cent against the US currency since the beginning of the year. In addition, the wholesale gas market has been unnerved by problems with supply from Norway, while the electricity market has also seen supply fall, with British Energy suffering a series of outages at its nuclear power stations.
Independent 16th Oct 2008 more >>
AN end may be in sight to Sellafield’s long-running pay dispute if workers vote to accept a £1,500 “golden goodbye” bonus as part of the deal.
Whitehaven News 15th Oct 2008 more >>
EDF the world’s biggest operator of nuclear reactors, backed out of a takeover battle for Constellation Energy Group Inc. as the worst credit crisis since the Great Depression thwarts dealmaking. Constellation shares slumped 6.1 percent in New York after the prospect of a bidding war evaporated between EDF and Warren Buffett’s MidAmerican Energy Holdings Co., which offered $4.7 billion for the Baltimore-based power company last month.
Bloomberg 15th Oct 2008 more >>
FT 15th Oct 2008 more >>
Chinese and Pakistani leaders yesterday signed agreements on economic and environmental issues but left unclear whether Beijing was ready to offer the financial support and nuclear power co-operation sought by Islamabad.
FT 16th Oct 2008 more >>
Tens of thousands of people could not be warned of any nuclear accident last year because the atomic bomb factory alarm system was disabled by flooding, according to an investigative report.
Reading Evening Post 15th Oct 2008 more >>
The new energy and climate change secretary Ed Miliband yesterday hinted he will today accept proposals from Lord Turner’s climate change committee to increase Britain’s target to cut carbon emissions from 60% to 80% by 2050. In his first interview since appointed secretary of state at the new Department for Energy and Climate change, Miliband insisted there would be no retreat from the government’s climate change agenda in the face of the coming recession.
Guardian 16th Oct 2008 more >>