nuclear-news

UK Ministers insist on new nuclear plants, on the premise of ‘climate action’

Leaked government analysis reveals UK demand for new nuclear power plants, Times, 23 July 19,  Britain needs to build a fleet of nuclear or carbon-capture power plants equivalent to a dozen Hinkley Point Cs to hit climate change targets, a leaked government analysis suggests.

Up to 40 gigawatts of non-intermittent low carbon power stations could be needed in 2050 to reduce Britain’s emissions to “net zero”, ministers believe.

Just one is under construction: EDF’s 3.2-gigawatt Hinkley Point C nuclear power station in Somerset.
Greg Clark, the business secretary, disclosed the estimates to industry in a private meeting on Monday as his department published plans for a new funding model to support such plants.

The proposed “regulated asset base” (RAB) model would see consumers pay for the plants on their bills during construction, but would expose them and taxpayers to the… (subscribers only)  https://www.thetimes.co.uk/article/reforms-in-funding-planned-to-meet-demand-for-nuclear-power-plants-j3n0mln0l

July 25, 2019 - Posted by Christina Macpherson | politics, UK