Nuclear now costs twice the price of renewables and the gap is growing. No need for Hinkley C, Sizewell, Bradwell etc

North writes,
” ………The Green Party have been arguing for many years in recognition of the work by Friends of the Earth, the Centre for Alternative Technology (CAT) in Wales and many others, that we do not need ‘further expansion of nuclear and gas turbines’ but to be far more clever about our energy use, easy to do now that renewables are cheaper than nuclear and new gas.
CAT has been at the forefront of development of research on renewable technology and Green building for some 50 years.
Their latest report ‘Zero Carbon Britain (Rising to the Climate Emergency)’ clearly demonstrates that the UK has the tools and technology to efficiently power this country with 100 per cent renewable technology (read the executive summary, it’s only eight pages long).
By using energy more efficiently we can power down by 60 per cent with particularly large savings in heating buildings and transport.
There is absolutely no need for nuclear power in our energy mix and we cannot afford it, let alone pay for cleaning up the sites at the end which taxpayers always end up paying for.
Nuclear now costs twice the price of renewables and the gap is growing.
How many Herald readers know that the electricity from the Hinkley Point nuclear reactor will cost UK consumers £92.50 per Kwh (the most recent offshore wind turbine fields are half of this)?
The deal was signed by (former Prime Minister) Theresa May and supported by Labour and Lib Dems.
The profits are going to the Chinese government which will run it for 40 years. The French firm (EDF) that has been building Hinkley Point and wants to build more nuclear reactors in the UK wants to cushion the financial blow of future nuclear power stations in this country by charging electricity customers a few extra pounds every month on their bill even now.
This is referred to as a new funding model, I’d call it a rip-off. Are people really happy to put billions of pounds into the coffers of the Chinese government and EDF rather than invest, as part of a Green New Deal, in insulation and draught-proofing of UK homes to keep us warmer, take over two and a half million households out of fuel poverty and permanently reduce everyone’s fuel bills. https://www.cravenherald.co.uk/opinion/opinion_letters/18824349.letter-no-need-nuclear-power/
Nuclear power – simply unaffordable for the Philippines
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DOE to submit ‘nuclear power plan’ to Duterte this December, Manila Bulletin, November 6, 2020, by Myrna M. Velasco” For BNPP’s repowering, Duterte previously instructed the energy department to also undertake a study on that proposal; and to assess the cost impact that will have on consumers’ pockets.
But on that particular sphere, Senate Committee on Energy Chairman Sherwin T. Gatchalian sounded off cynicism on claims that electricity rates in the Philippines will go down with the proposed repowering of the mothballed 620-megawatt BNPP project. “It’s not true that prices are lower because of the layers of technology that shall be integrated into the nuclear power facility to ensure its safe operations,” he claimed. Gatchalian noted that in Vietnam’s case, that country shelved its planned nuclear power development after determining that the resulting power price will just be comparable with other electric generating facilities — and yet there’s great degree of risk that they have to manage on the safety aspect of technology deployment. ………In the Philippines, the propounded revival of BNPP’s operations had been hurdled by concerns of ‘social acceptance’ in the many years that already passed; and there are also questions on where to source the US$1.0 billion to US$2.0 billion funding for BNPP’s rehabilitation.The other major issue is which entity shall be designated to operate the plant, since the Electric Power Industry Reform Act (EPIRA) already prohibits state-run National Power Corporation (NPC) from engaging into operation or investments in power generation… |
A new nuclear power plant at Sizewell is the wrong choice for a zero carbon Britain
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A new nuclear power plant at Sizewell is the wrong choice for a zero carbon Britain, The climate column: The proposed Sizewell C will not produce electricity until about 2040, which it means it cannot reduce the UK’s carbon emissions with the speed necessary to avoid catastrophic tipping points The Independent , Donnachadh McCarthy@DonnachadhMc 6 Nov 20,
Just weeks ago, the Climate Assembly set up by parliament rejected nuclear power as an answer to creating a zero-carbon economy. This was due to cost, safety and difficulties with waste storage and decommissioning. Yet Boris Johnson is reported to be about to commit Britain to buying another hugely expensive nuclear power station. As this new plant would not be producing electricity until about 2040, it means it cannot reduce the UK’s carbon emissions with the speed necessary to avoid catastrophic tipping points, whereas cheaper renewables can be up and running within a couple of years of being commissioned. Consider the following analogy. Four years ago, you needed to replace your gas boiler and a company came along and offered to sell you the world’s most expensive experimental boiler ever. It’s been trying to build the first four of them for over 20 years but had not yet got any actually working. The first one it tried to build, in Finland, is already 13 years behind schedule and has more than tripled in price. The second one it tried to build, in France, is 10 years behind schedule, now costs six times the original quote and has encountered monumental safety issues. They then tell you the boiler was filled with lethal toxins, which if the boiler’s seals broke, could explode and kill everybody in your house. All your neighbours would have to be permanently evacuated immediately without being allowed to collect their lethally contaminated belongings and the area around your boiler would become an exclusion zone for generations. The sales-person added that the boiler will cost up to twice as much to run as your current boiler. They demanded you sign a 35-year inflation-proofed deal that makes it difficult to switch to a cheaper renewable energy supplier or use energy efficiency measures to reduce your need for the boiler. Every single bank refused to lend you the money to install your new boiler, as they believed it was a financially insane project to lend money to. There was another problem. The experimental boiler continuously produces highly-toxic explosive waste that the supplier, after 70 years of trying, still has no idea what to do with. You would have to store it in your cellar, until somebody miraculously comes up with a way to store it safely for millennia. The salesperson neglected to add that you had to pay for the costs of removing the boiler at the end of its life but that the process takes hundreds of years to complete. I tell you this imaginary tale to try and explain the utter insanity of what the UK government did when it signed the contract with EDF Energy to build a new Hinkley Point nuclear power plant in 2016. Hinkley is already a year behind schedule and nearly £3bn over budget.
And now imagine this. Despite all of the above and knowing that renewable energy alternatives have already fallen to less than half of the cost of this experimental boiler and that new renewable electricity storage technologies have been likewise collapsing in price, the same contractor comes back to you to persuade you to buy another of these hugely expensive boilers for your second home. Unlike almost every single government in the world, Boris Johnson’s government is reported to be planning on announcing in the next few weeks that the UK will agree to build a second new EDF nuclear power plant at Sizewell in Suffolk. Why would any supposedly sane country sign such crazy energy contracts? ……… https://www.independent.co.uk/voices/nuclear-power-plant-sizewell-boris-johnson-b1622086.html |
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