The proposed new nuclear plant at Hinkley Point in south-west England depends heavily on subsidies (see below) and is unlikely to go ahead without them. There is no valid justification for these subsidies. They divert resources away from other options that are altogether better and cheaper.
The European Commission is now inviting comments on the Hinkley Point proposal. It’s announcement is available here.
Please write to the Commission to oppose the subsidies. The deadline for responses is the 7th of April 2014. Please write by email to email@example.com or by post to European Commission, Directorate-General for Competition, State aid Registry, Rue de la Loi/Wetstraat 200, 1049 Bruxelles/Brussels.
The subsidies being offered for the Hinkley Point proposed project include an index-linked price for nuclear electricity of £92.50 per MWh, guaranteed for 35 years, loan guarantees, a very low cap on liabilities for nuclear disasters, and several other subsidies. See here.
The Energy Fair Group has written an Open Letter to Commissioner Almunia available here describing why subsidies are bad for energy security, bad for the fight against climate change, bad financially for consumers and taxpayers in the UK, and bad for the development, throughout Europe, of the good alternatives which are ready to go, cheaper than nuclear power, and very much quicker to build.
A joint briefing by Nuclear Free Local Authorities, Cities for a Nuclear Free Europe and Stop Hinkley is available here
Joint Press Release here.