nuclear-news

Pro nuclear group opposes Britain’s nuclear deal with French company EDF

‘No nuclear power at any price’ says lobby group  telegraph UK, 14 Sept 12, A pro-nuclear energy group is pressing the government to halt plans to order new atomic power plants because costs have been inflated leaving householders and businesses facing an enormous bill.

The Supporters of Nuclear Energy have told the Chancellor that current pricing proposals
would give nuclear power an unnecessary subsidy and provide EDF, the French state-controlled group, with a huge return on its £14bn investment in the first two plants.

Sir William McAlpine, SONE chairman, has written to George Osborne urging him to block any price deal with companies building nuclear stations “unless and until you are absolutely satisfied the nation is getting value for money.”
SONE feels the odds are being stacked against nuclear because it is being lumped together with wind power and other subsidised renewable energy sources in the price set-up to “create a level playing field.”
The government has ruled out direct aid for nuclear power but SONE argues the formula under discussion would provide an unmerited indirect subsidy.
A copy of the letter has been sent to Ed Davey, Energy Secretary, but Sir William feels he will get more support from the Treasury becauseof the Chancellor’s recent battle over wind farm subsidies.
Drawn out negotiations on the pricing framework and the struggle to accommodate nuclear and renewable energy have contributed to delays in plant ordering. Mr Davey hopes to make a decision by the end of the year….. http://www.telegraph.co.uk/finance/newsbysector/energy/9543057/No-nuclear-power-at-any-price-says-lobby-group.html

September 15, 2012 - Posted by Christina Macpherson | politics, UK