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In UK, consumers on hook for cost overruns at nuclear plants

Consumers on hook for cost overruns at nuclear plants, Emily Gosden, Times 23rd July 2019 ,Energy consumers and taxpayers could have to pay for cost overruns at new nuclear plants after the government backed a funding model proposed by EDF.

The business department said last night it believed the “regulated asset
base” model that the French energy giant wants for its proposed Sizewell
plant in Suffolk could reduce consumer bills compared with the subsidy
contract used to back the £20 billion Hinkley Point plant EDF is building
in Somerset.
A consultation document published last night confirms that
consumers would, however, be asked to start paying for the plants on energy
bills while they were still under construction and to share in the risks of
cost overruns.
In the case of an extreme overrun, the government –
effectively the taxpayer – could either have to step in and pay the extra
cost or scrap the project and pay compensation to investors. Under the
regulated asset base model, the developer would receive a regulated price
to give it a return on its investment expenditure, including during the
construction period, and this would be levied on energy bills.

https://www.thetimes.co.uk/article/17cbe1b8-acbd-11e9-b657-11944f524f2a

July 25, 2019 Posted by | business and costs, politics, UK | Leave a comment

Push to speed up decommissioning of Three Mile Island Nuclear Plant

TMI nuclear plant can’t go away fast enough, some neighbors and ’79 accident survivors say, Penn Live Jul 23,   By 

As jarring as the closure of the Three Mile Island One nuclear power station is to longtime Harrisburg-area residents, a cadre of them told Nuclear Regulatory Commission officials Tuesday they’d like the plant’s planned decommissioning to take a faster track.

It’s known in NRC lingo as DECON, and it can allow for the deconstruction, clean-up and re-use of closed nuclear plants in less than a decade, as opposed to the six decade-plus track Three Mile Island Unit One’s owners, Exelon Generation, has started planning for.

Several longtime TMI watchdogs, born of the notorious 1979 partial meltdown at the adjacent Three Mile Island Two reactor, said the desire for speed is partly a matter of good riddance, and a world-weary resignation that past promises about the troubled plant have not panned out.

“How many dog and pony shows can you (the NRC) bring to Harrisburg over the last 40 years?” asked longtime TMI activist Gene Stilp, bemoaning the fact that under the current safe storage plan the island would be a nuclear waste dump long past the lifetimes of any current residents.

Stilp called on Exelon, and elected officials who fought for TMI’s economic preservation over the last two years, to put the decommissioning on a faster track to preserve more of the region’s existing nuclear-related jobs in the short term and allow for a faster rehabilitation of the site.

“You could start getting jobs for clean-up right now,” Stilp said. “Get retrained in some fashion and set up things for that. But you could actually have jobs right now and start on that. Not just monitoring the site… Start providing jobs right now, by starting the clean-up right now.

“This bargain with the devil to store it (spent nuclear fuel) on the Susquehanna River is an abomination to the river, an abomination to the citizens who live here…. and it provides more terrorist targets in a big way.”

NRC officials noted Tuesday it is ultimately the licensee’s decision whether to put a plant into safe storage or rapid decontamination.

Exelon’s current timeline calls for the site to spend most of the next 60 years in a “dormancy” stage, in which most activity will center around storage of spent fuel, and a wait for residual contamination levels to naturally break down until major reactor buildings and components can be dismantled.

Exelon, however, has recently changed paths with other retired nuclear plants – including one in New Jersey this year……..

There are other ways to join the TMI decommissioning conversation. Written comments on the report can be submitted through Oct. 9 either:

July 25, 2019 Posted by | decommission reactor, USA | Leave a comment

Lack of documentation on environmental impact – call for scrapping Sizewell nuclear project

TASC 22nd July 2019 Together Against Sizewell C (TASC) has called for plans for a twin nuclear
reactor development at Sizewell to be scrapped after the fourth
consultation documentation reveals no new data upon which to judge the true
environmental, social or infrastructure impact.

Having reviewed the documentation, TASC expressed extreme disappointment, although not
surprise, at the lack of extra detail included. Chris Wilson, TASC Press
Officer, said “Many respondents to the stage 3 consultation asked for
more environmental information.

Yet, despite EDF promising that the
Environmental Impact Assessment (EIA) would play a “key role” in
finalising their proposals, we now know that these will not be available
until the Development Consent Order (DCO) is submitted to the Planning
Inspectorate. Therefore, the environmental impact on people, places, flora
and fauna, will not be available for public consultation before EDF submit
their DCO. This makes the job of making an accurate assessment of EDF’s
plans impossible”.

https://www.tasizewellc.org.uk/

July 25, 2019 Posted by | environment, opposition to nuclear, UK | Leave a comment

PM Boris Johnson likely means choas for climate policy, but it may not all be bad news — RenewEconomy

Boris Johnson appoints a pro-fracking environment secretary, and his track record suggesting future climate policy could be as unpredictable as the man himself. The post PM Boris Johnson likely means choas for climate policy, but it may not all be bad news appeared first on RenewEconomy.

via PM Boris Johnson likely means choas for climate policy, but it may not all be bad news — RenewEconomy

July 25, 2019 Posted by | Uncategorized | Leave a comment

July 24 Energy News — geoharvey

Opinion: ¶ “Climate Change: 12 Years To Save The Planet? Make That 18 Months” • Last year, the Intergovernmental Panel on Climate Change reported that to keep the rise in global temperatures below 1.5°C this century, emissions of CO₂ would have to be cut by 45% by 2030. But the decisive, political steps to make […]

via July 24 Energy News — geoharvey

July 25, 2019 Posted by | Uncategorized | Leave a comment

UN boss asks all countries, including Australia, to plan for zero emissions — RenewEconomy

UN Secretary General has calls on global leaders, including Scott Morrison, to come to the Climate Action Summit with concrete plans to lift climate action. The post UN boss asks all countries, including Australia, to plan for zero emissions appeared first on RenewEconomy.

via UN boss asks all countries, including Australia, to plan for zero emissions — RenewEconomy

July 25, 2019 Posted by | Uncategorized | Leave a comment

56% oppose amending Constitution under Abe gov’t: poll — limitless life

Japanese Prime Minister Shinzo Abe speaks during a news conference at LDP headquarters in Tokyo on Monday. Photo: REUTERS/Issei Kato Politics 56% oppose amending Constitution under Abe gov’t: poll Today 06:40 am JST 20 Comments TOKYO More than half of Japanese voters oppose amending the postwar pacifist Constitution under Prime Minister Shinzo Abe’s government, a Kyodo news survey […]

via 56% oppose amending Constitution under Abe gov’t: poll — limitless life

July 25, 2019 Posted by | Uncategorized | Leave a comment

GE Renewables unveils components for world’s biggest wind turbine — RenewEconomy

GE Renewables unveils first components for its world-leading 12 MW Haliade-X offshore wind turbine. The post GE Renewables unveils components for world’s biggest wind turbine appeared first on RenewEconomy.

via GE Renewables unveils components for world’s biggest wind turbine — RenewEconomy

July 25, 2019 Posted by | Uncategorized | Leave a comment

South Korea unveils plans for 2.1GW floating solar plant — RenewEconomy

South Korea will develop a 2.1 GW floating solar power plant which, upon completion, will be 14-times larger than the world’s largest floating project. The post South Korea unveils plans for 2.1GW floating solar plant appeared first on RenewEconomy.

via South Korea unveils plans for 2.1GW floating solar plant — RenewEconomy

July 25, 2019 Posted by | Uncategorized | Leave a comment