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Leaked documents reveal EU plan for nuclear power subsidies

nuclear-costsflag-EUNuclear power: leaks show new EU push  http://www.guardian.co.uk/environment/2013/jul/19/nuclear-power-leaks-new-eu-push     The Guardian, Saturday 20 July 2013 Draft documents show EU weighing radical change in rules on state aid in move that would make it easier to build new reactors in Britain The European Commission is considering a radical change in rules on state aid to nuclear power in a move that would make it easier to build new reactors in Britain.

Draft documents show the proposals along with negative reactions from ministers in Berlin, who have abandoned nuclear in favour of renewables.

The proposals, drawn up by the EU’s Competition Commission after pressure from the UK and France and leaked in a German newspaper, are regarded as a work in progress and could yet be opposed by the influential German energy commissioner, Günther Oettinger.

But Rebecca Harms, co-chair of the Green parties in the European parliament, alleged a pro-nuclear camp around Oettinger and competition commissioner Joaquín Almunia were “leading the charge” for a U-turn on energy policy.

“The planned subsidy rules will supposedly make the construction of new nuclear power stations worthwhile again. Ailing nuclear groups are to be set back on the rails thanks to high state subsidies.”

The issue is most sensitive in Germany, where an autumn election is looming. Furthermore, the country has decided to phase out its old atomic power plants following the Fukushima accident in Japan. Berlin has instead set its face towards a major renewable power revolution.

But the rethink will delight the UK and France, who are both heavily committed to new nuclear. The Department of Energy and Climate Change in London is currently negotiating with energy firm EDF about financial incentives that would encourage the French company to spend up to £14bn constructing new reactors, firstly at Hinkley Point in Somerset.

It has already offered a £10bn financial “guarantee” and is negotiating a deal under which the power company would receive over 96p per megawatt hour over 35 years for the electrcity generated.

Environmentalists have always claimed Brussels would refuse to accept any public subsidies to EDF but the draft energy document indicates this could change.

July 20, 2013 - Posted by | EUROPE, France, secrets,lies and civil liberties, UK

1 Comment »

  1. The nuclear industry is back at the EU with its begging bowl once again
    Blogpost by Justin McKeating – July 19, 2013 at 20:22

    The nuclear industry has had 60 years to come up with a way of financing itself. In that time it has failed utterly to do so. Decade after decade it has had to rely on taxpayers and government subsidies to build its reactors.

    It’s never enough. Time and time again they come back with their begging bowls asking for another handout. And here they come again.

    Leaked plans show that the European Union wants to change existing rules to allow countries to provide state aid to nuclear reactor builders – something not currently allowed under EU law.

    This is typical of the nuclear industry. It constantly finds itself playing a losing game and so is always trying to fix the rules to try and win.

    Its spokespeople say one thing and mean another. Take Vincent de Rivaz, CEO of EdF Energy in the UK. In 2009, he said:

    “Claims that nuclear has been subsidised in the past, so must be in the future, fail to recognise that the world has moved on.”

    It looks very much as if the world has moved on once again. The nuclear industry is back and it wants more of your money.

    We need to say “enough is enough”. If we want to keep our wallets in our pockets, we need to tell the EU that nuclear power doesn’t deserve our money.

    (Find out more about the leaked EU plans over at Greenpeace UK’s EnergyDesk blog)

    Links here..
    http://www.greenpeace.org/international/en/news/Blogs/nuclear-reaction/the-nuclear-industry-is-back-at-the-eu-with-i/blog/45999/

    arclight2011part2's avatar Comment by arclight2011part2 | July 20, 2013 | Reply


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