The UK government has initiated formal talks with Electricite de France over the construction of a nuclear power plant at Sizewell on the eastern coast of England. Sizewell C, which is estimated to cost 20 billion pounds (US$26.8 billion), is an exact copy of the Hinkley Point C nuclear power station that EDF is already building in Somerset, southwestern England, which involves China General Nuclear (CGN) as an equity partner. CGN also holds a 20% development phase stake in Sizewell C, with an option to participate in the project. But given the current poor state of relations between Beijing and London, there are questions about further Chinese involvement. According to London, negotiations with EDF Energy cover financing, tariffs and a possible UK government equity stake.
The Asset 23rd Dec 2020 read more »
Between 18 November and 18 December 2020, NNB Generation Company (SZC Co.) carried out a public consultation on the proposed changes (dated 23 October 2020) for an Order Granting Development Consent for The Sizewell C Project. The document launching this supplementary consultation noted: “In January 2021, SZC Co. will submit a formal application to change the Sizewell C DCO application, as well as some Additional Information (i.e. information that has been developed in response to continuing engagement with stakeholders and which adds to the detail available within the application (but does not change it)).” One of the supplemental documents submitted by SZC co. was on “Main Development Site Flood Risk Assessment,” a not inconsequential matter, in the context of climate change –induced sea-level rise, and greater perturbations in extreme weather (storms, rainfall increase etc) over the time period SZC would operate, if ever built. The new mini-consultation letter then added under the headline Information Redacted or Marked as Confidential, the following: “The Procedural Decision requested clarification on the reasons for redactions and confidential marking on a number of the application documents. A summary of reasons is provided in Table 2. SZC observes in these reasons for redaction that “comprehension of the report is not affected by this redaction.” The Planning inspectorate was not convinced by this assertion, and responded in a rejoinder letter on 22 December stating it was dissatisfied with “the extent and nature of the commercially sensitive aspect of these documents” and pointedly asked “why this could not be redacted without rendering them incomprehensible?”
David Lowry’s Blog 22nd Dec 2020 read more »