Britain’s ambition to renew its aging fleet of nuclear power plants is losing momentum after the government offered few new details on how it will support additional projects. Prime Minister Boris Johnson’s administration set aside 500 million pounds ($661 million) for small modular reactor projects but was silent on support for traditional large-scale plants. The issue gained urgency on Thursday as Electricite de France SA’s announced the closure of its Hinkley Point B reactors two years early. The government’s latest thinking on how to replace its aging fleet of nuclear plants marks a dramatic shift from 2013, when David Cameron agreed to funding for new reactors at the Hinkley Point site with support from China. Since then, relations with China have deteriorated, electricity demand slumped and renewables such as wind and solar farms became much cheaper than new atomic plants.
Bloomberg 20th Nov 2020 read more »
A COMMITMENT to develop large and smaller-scale nuclear plants as well as advanced modular reactors has been announced by the Prime Minister yesterday. Part of his ambitious programme for an industrial revolution, the Prime Minister has set out his ten-point plan focusing on clean energy, transport, nature and innovative technologies. It includes a pledge to ‘push nuclear power as a clean energy source’ as well as including provision for ‘large nuclear, as well as for ‘advanced and small nuclear reactors. Last week, Trudy co-chaired the inaugural meeting of the Nuclear Development Group alongside colleague, Virginia Crosbie MP; both MPs serve their constituencies at either end of the North West Nuclear Arc, which takes in many sites and industrial hubs benefitting communities with tens of thousands of highly skilled jobs. She said: “The Prime Minister’s ten-point plan to a cleaner Britain is a fantastic vision for our future, creating hundreds of thousands of innovative, skilled British jobs and I am pleased to see his commitment to new nuclear power. In addition to the 10-point plan, the Government’s Energy White Paper is expected to be released later this month detailing the UK’s pathway to net zero, and providing policy certainty that will allow the energy sector to drive forwards the transition.
NW Evening Mail 19th Nov 2020 read more »
The UK’s Nuclear Industry Association (NIA) has welcomed the government’s confirmation yesterday that nuclear power will play a role in achieving the country’s net zero by 2050 target, but says clarity is still needed on large-scale projects. In its Ten Point Plan, the government refers to such support as being “subject to value-for-money”.
World Nuclear News 19th Nov 2020 read more »