nuclear-news

Britain’s nuclear power plans in tatters

Climate News Network 23rd Sept 2020, The decision by the Japanese company Hitachi to abandon its plan to buildtwo large nuclear plants in the United Kingdom leaves the British government’s energy plans in tatters, and the UK nuclear industry
reeling.

The UK’s official plan is still to build ten nuclear stations in
Britain, but only three schemes remain. Most have now been cancelled by the
companies that planned to build them, principally because they cannot raise
the capital to do so.

This leaves only the debt-laden French giant EdF and
the Chinese state-owned industry still in the field. At the same time,
Britain’s existing nuclear plants are in trouble. They are not ageing
gracefully, cracks in their graphite cores and rust in their pipework
causing ever-lengthening shutdowns and retirement dates to be brought
forward.

The plants at Hunterston B in Scotland, Hinkley Point B in
Somerset in the West of England, and Dungeness B in Kent on the south-east
coast, are all struggling to survive.

https://climatenewsnetwork.net/uk-nuclear-industry-seeks-subsidies-for-survival/

September 24, 2020 - Posted by Christina Macpherson | business and costs, politics, UK