nuclear-news

Theresa May’s UK govt rejects renewables, promotes nuclear – and cancels promising tidal energy project

Bloomberg 27th June 2018 The U.K. government earmarked 200 million pounds ($262 million) to smooth
the way for the next nuclear power plants just two days after rejected the
case for an experimental project that would generate power from the tides.

The Department for Business, Energy and Industrial Strategy said its
Nuclear Sector Deal will fund technology and skills needed to maintain the
industry that the government is backing to be part of its future energy
mix. About 56 million pounds will go to help eight vendors of modular
reactors carry out technical studies.

The decision puts further distance
between Prime Minister Theresa May’s administration and the possibility
of government support for cutting-edge renewable technologies. May’s
government has scaled back subsidies for wind and solar, halted onshore
wind farms and declined to back Tidal Lagoon Power Ltd.’s proposal for a
1.3 billion pound project to demonstrate its technology.
https://www.bloomberg.com/news/articles/2018-06-27/u-k-earmarks-262-million-to-bolster-its-nuclear-power-industry

June 29, 2018 - Posted by Christina Macpherson | ENERGY, politics, UK