Britain’s nuclear power generation future may be at risk as the list of potential operators shrinks due to concerns about the high costs of entry. Persuading potential operators to invest in nuclear generation could involve guaranteeing minimum power prices far above what cash-strapped government departments and households would be willing to pay, analysts said. "The rewards from nuclear are likely to be far below what companies would require to justify this level of investment. The risks are enormous," said Tom Burke, a consultant with environment and energy advisory E3G and former adviser to the British government on energy policy. The Emirates Nuclear Energy Corporation (ENEC) is in talks with Japanese conglomerate Hitachi about taking a share of the Horizon nuclear project, which last week was sold by E.ON and RWE after the German utilities cited unacceptably high costs of building new plants. Energy Fair, a research group of energy economists opposed to nuclear, said in a report last month that the true cost of nuclear could even be over 200 pounds per MWh once "hidden subsidies" are taken into account.
Reuters 7th Nov 2012 more >>
Sellafield is the UK’s largest and most hazardous nuclear site, with 27 Olympic swimming pools worth of nuclear wastes. The cost of decomissioning the site has spiralled out of control and the operators have no idea how much it will cost or how long it will take to sort out. The National Audit Office, which has studied the decomissioning plans in detail, said the situation was "dire" and that it posed "intolerable risks to people and the environment". Two years ago, the government confessed that sorting our nuclear wastes would cost an extra £4 billion. The cost of cleaning up after Sellafield has gone up by a further £900 million – and there is no end in sight.
Greenpeace 7th Nov 2012 more >>
Ruth Balogh is the Nuclear Issues Campaigner for West Cumbria and North Lakes For Friends of the Earth. She spoke to ITV Border about the report into Sellafield, she said: "I welcome the breaking of the silence on this matter because there has been many criticisms from the nuclear installations inspectorate over the last 10 or 15 years about all of this this. There’s been a silence about it so I think it’s absolutely great that it’s now out in the open."
ITV Border 7th Nov 2012 more >>
The Nuclear Decommissioning Authority have released a statement in response to a report by the Audit Office which reveals immense financial challenges ahead for the Sellafield site. In it they welcome the report and congratulate the Audit Office on the quality of their work.
ITV Border 7th Nov 2012 more >>
THE public will be forced to live with an "intolerable risk" from hazardous waste stored in run-down buildings at the Sellafield nuclear power plant. A major report also says it will be more than 100 years before it is cleaned up, at a cost of more than £67bn (€83bn). The damning report from the UK’s National Audit Office (NAO) says that the cost of decommissioning the plant has spiralled out of control, and some facilities used to store waste have deteriorated.
Irish Independent 7th Nov 2012 more >>
OFFICIALS at Hinkley Point developer EDF Energy are celebrating a milestone after 1,000 Somerset companies signed up as potential contractors for their new nuclear power station. Hinkley Point C, if granted permission to go ahead, will be the largest engineering project in Western Europe. EDF Energy says it has already awarded contracts worth £25million to Somerset firms, with businesses in Bridgwater and Cannington among those selected.
This is the West Country 7th Nov 2012 more >>
While Britain’s green movement remains split over nuclear power, a determined band of campaigners are staging their own protests against a planned nuclear plant in the south-west. Activist Theo Simon gives an insider’s view.
China Dialogue 7th Nov 2012 more >>
Plans to house up to 2,000 construction workers for the building of a new nuclear power station on Anglesey will be presented to the island’s council.
BBC 7th Nov 2012 more >>
Renewable UK, the Nuclear Industry Association and the Carbon Capture and Storage Association have written an unprecedented joint letter to Ed Davey, David Cameron and George Osborne. They are calling for a target to decarbonise electricity by 2030 to be included in the upcoming Energy Bill. Rather than the future of the energy debate being about the Mark Lynas vision of how big nuclear and renewables companies can co-operate together – let’s make it about how we can implement a local energy revolution; where everyone can afford to live in a warm house; where local authorities and communities can generate an income from co-operatively owned energy schemes and we don’t have to worry about what we’re going to do with the waste.
Spinwatch 8th Nov 2012 more >>
The prediction, long made by campaigners against nuclear weapons, that proliferation would be an inevitable consequence of a few elite states possessing the bomb, has come to bear. Those countries with nuclear weapons continue to upgrade, replenish and replace their stocks, while those without them are increasingly weighing up the benefits of joining this notorious club of nations.
Independent 7th Nov 2012 more >>
The President also faces mounting problems overseas with Iran’s nuclear ambitions likely to be propelled to the top of his in-tray. Obama has pledged that he will not let Iran develop a nuclear weapon, but will be under new pressure from Israel to ensure he keeps his word.
Daily Mail 7th Nov 2012 more >>
Mounting radioactive materials are temporarily stored in the US with nothing in site for a long-term solution. Lake Barrett, an independent US-based energy consultant and former deputy director of the DOE’s Office of Civilian Radioactive Waste Management, shares his insight on the latest progress.
Nuclear Insider 7th Nov 2012 more >>
China appears to be within two years of deploying submarine-launched nuclear weapons, adding a new leg to its nuclear arsenal that should lead to arms-reduction talks, a draft report by a congressionally mandated U.S. commission says.
Reuters 8th Nov 2012 more >>