UK govt’s budget – £1.7 billion direct government funding to enable Regulated Asset Base funding for new nuclear
Buying out Chinese state owned CGN’s 20% stake in EDF’s Sizewell C development is likely to be dwarfed by the sum the UK government earmarked to smooth the nuclear project’s progress to financial close, an academic has estimated.
The Budget, published last month, included a new allocation of £1.7 billion direct government funding to enable a final investment decision on one large-scale nuclear project to be achieved during the current Parliament. Giving evidence to the Parliamentary committee which has been set up to scrutinise the government’s bill to allow the regulated asset base (RAB) model to be applied to nuclear projects, Professor Stephen Thomas of Greenwich University estimated that EDF and CGN had so far spent about £500 million on developing the Sizewell C project – buying out CGN’s minority stake in Sizewell C is likely to be a “tiny fraction” of the £1.7 billion allocated to nuclear in the Budget.
Utility Week 22nd Nov 2021
UK Parliament debates Nuclear Energy (Financing) Bill, with anxiety over the Government’s big nuclear plans.

“…successive Governments seem to have developed a groupthink, following lobbying from the nuclear industry, that somehow nuclear is a prerequisite for our future.”
…… … there is currently no economic or environmental case for the construction of any further nuclear stations in the UK.”
Of course, consumers who have signed up to buy 100% renewable electricity could quite rightly feel aggrieved at having to pay the “nuclear tax” as well.
SafeEnergy E Journal No.92. December 21, Large New Nuclear Update The UK Government has said it wants to secure a final investment decision on at least one largescale nuclear plant by the end of this Parliament. It is also supporting the development of Small Modular Reactors.
The Government is putting nuclear power at heart of its net zero strategy. Kwasi Kwarteng, business secretary, unveiled the “Net Zero Strategy”, as well as a “Heat and Buildings Strategy” in October. The creation of a “regulated asset base” (RAB) model will be the key to the delivery of a future fleet of large nuclear power plants. The RAB funding model is already being used for other infrastructure projects, such as London’s Thames Tideway super sewer. Under this program, GB electricity consumers, including those in Scotland (but not Northern Ireland) will be billed for the cost of the plant via a “nuclear tax” long before it starts producing electricity, which could take a decade or more from the time the final investment decision is made.
On Wednesday 3rd November, MPs debated the second reading of the Nuclear Energy (Financing) Bill. The Liberal Democrats and the SNP, both put forward amendments, but neither was accepted for debate by the Speaker
The Lib Dem Motion said the Bill does nothing to address concerns about costs around nuclear waste disposal and decommissioning and fails to bring forward meaningful reforms to accelerate the deployment of renewable power. The SNP Motion said there is no longer a justification for large nuclear power stations to provide baseload energy, because large scale nuclear is too inflexible to counter to the intermittency of renewables. It called on the Government to spend more money on energy efficiency measures and targeted support for those who suffering from fuel poverty.
During the debate in the House of Commons (1), the Minister of State for Business, Energy and Industrial Strategy, Gregg Hands, said that we need a new funding model to support the financing of large-scale and advanced nuclear technologies. He said the lack of alternatives to the funding model used for Hinkley Point C has led to the cancellation of recent potential projects, at Wylfa Newydd and Moorside in Cumbria. He said the Bill was intended to get new projects off the ground, including, potentially, Sizewell C, which is the subject of ongoing negotiations between EDF and the Government, as well as further projects, such as on Wylfa.
He said the Bill would add, on average less than £1 per month to consumers’ bills during the construction phase of a nuclear project. But compared with the CfD model used to fund Hinkley Point C this could produce a cost saving for consumers of more than £30 billion.
Regarding Scottish Consumers being forced to pay for new reactors he said:
“…the Scottish Government have a different position with regard to new nuclear projects. To be clear: this Bill will not alter the current approval process for new nuclear, nor the responsibilities of the devolved Governments. Nothing in this Bill will change the fact that Scottish Ministers are responsible for approving applications for large-scale onshore electricity-generating stations in Scotland. The steps taken in this Bill will mean that Scottish consumers will benefit from a cheaper, more resilient and lower-carbon electricity system, so it is right that Scottish consumers should contribute towards the construction of new projects.”
Labour’s Alan Whitehead disappointed many when he said: “We need to support the need to finance new nuclear.”
The SNPs Energy Spokesperson Alan Brown said: “…successive Governments seem to have developed a groupthink, following lobbying from the nuclear industry, that somehow nuclear is a prerequisite for our future.”
He went on to say: “…it was stated … the new funding model could potentially save the taxpayer £30 billion to £80 billion. How much money do the Government estimate has been wasted on Hinkley?”
For the Liberal Democrats, Sarah Olney said “our position is very much that there should not be new nuclear power stations … there is currently no economic or environmental case for the construction of any further nuclear stations in the UK.”
On the £30 billion savings the NFLA UK & Ireland Steering Committee Chair Councillor David Blackburn said:
“The Minister is comparing one expensive environmentally unsustainable project with another expensive environmentally unsustainable project. If he really wanted to save consumers money he would introduce a National Homes Retrofit Scheme as quickly as possible having learned the lessons from its failed Green Homes Scheme, and introduce a scheme to support flexibility, demand management and smart grids so that we can use more of our cheap, sustainable renewable electricity.”
On Scottish Consumers paying this “nuclear tax” because they “will benefit from a cheaper, more resilient and lower-carbon electricity system,” Scottish NFLA Chair, Cllr. Feargal Dalton said:
“Renewables met 97% of Scotland’s electricity demand in 2020. The Scottish electorate has consistently voted for Governments opposed to building new nuclear power stations. With wind and solar now the cheapest forms of electricity Scottish consumers shouldn’t have to pay for the Tories’ failed energy policies.” (2)
Of course, consumers who have signed up to buy 100% renewable electricity could quite rightly feel aggrieved at having to pay the “nuclear tax” as well. https://www.no2nuclearpower.org.uk/wp/wp-content/uploads/2021/11/SafeEnergy_No92.pdf
Question hangs over Bradwell nuclear project – Bradwell B (BRB) a partnership 66.5% China’s CGN and 35% France’s EDF.

SafeEnergy E Journal No.92. December 21 Bradwell Bradwell B (BRB), which is a partnership between the Chinese Company, CGN – with a 66.5% share and EDF Energy with a 33.5% share is hoping to build a Chinese reactor – the UKHPR100 at Bradwell in Essex. BRB appealed to the Planning Inspectorate against the refusal by Maldon District Council of Planning Permission for further land investigations at Bradwell. The Appeal was successful.
But this does not give a green light to a future nuclear power station at Bradwell, and given the current hostility to Chinese involvement in UK Infrastructure seems unlikely to progress much further. The Blackwater Against New Nuclear Group (BANNG) objected to land investigations on the grounds that they were unnecessary since the site is wholly unsuitable, unsustainable and unacceptable for the development of a mega nuclear power station and spent fuel stores.
The Planning Inspector chose to uphold the Appeal on the narrow grounds that the works would be temporary and would create little disruption and disturbance to the environment and human welfare. The Inspector declined to take into account the question of need for new nuclear, relying on the 2011 National Policy Statement on Nuclear (EN6) which deemed Bradwell a ‘potentially suitable’ site. In its latest policy statements the Government is silent on Bradwell and the project seems likely to be dropped altogether on geopolitical grounds.
On 25th November The Times reported that China would be cut out of future involvement in developing new nuclear power stations. Boris Johnson said that a potential adversary could have no role in Britain’s “critical national infrastructure”. The Prime Minister, asked by Labour spokesperson, Matthew Pennycook if he could “confirm unequivocally today that plans for China General Nuclear to own and operate its own plant at Bradwell in Essex have been abandoned”, said:
“Clearly, one of the consequences of our approach on critical national infrastructure in the National Security and Investment Bill is that we do not want to see undue influence by potentially adversarial countries in our critical national infrastructure. That is why we have taken the decisions that we have. On Bradwell, there will be more information forthcoming. What I do not want to do is pitchfork away wantonly all Chinese investment in this country, or minimise the importance to this country of having a trading relationship with China.” (3) https://www.no2nuclearpower.org.uk/wp/wp-content/uploads/2021/11/SafeEnergy_No92.pdf
Despite the USA’s V.C. Summer nuclear fiasco, a consortium plans to build the same type of reactor, with same funding model, at Wylfa, UK

SafeEnergy E Journal No.92. December 21, Wylfa. In October it was reported that two groups had been speaking to the Department for Business, Energy and Industrial Strategy about the possibility of building at Wylfa on the island of Anglesey. A consortium involving US engineering firm Bechtel has proposed building a large Westinghouse AP1000 reactor. Talks have also taken place with UK-based Shearwater Energy, which has hybrid plans for small nuclear reactors and a wind farm. (1)
The AP1000 is the very reactor that was being built at V.C.Summer in South Carolina and which bankrupted Toshiba Westinghouse in 2017. After huge overspending the project was abandoned 40% of the way into construction.
Under legislation passed by the South Carolina Public Services Commissioners in 2008—but strongly opposed by civil society groups—construction costs for the V.C. Summer reactors were to be paid by state ratepayers. On 31 July 2017, Santee Cooper and SCANA Corporation (the parent company of South Carolina Electric & Gas or SCG&E) decided to terminate construction of the V.C. Summer reactor project. At the time of cancellation, the total costs for completion of the two AP-1000 reactors at V.C. Summer was projected to exceed US$25 billion—a 75 percent increase over initial estimates. Dominion, which took over SCANA in January 2019, will be charging South Carolina ratepayers an additional US$2.3billion over the next two decades, having already paid $4billion, for the collapsed V.C. Summer project. (2)
On 16th November, Steve Thomas, Emeritus Professor of Energy Policy at Greenwich University, told the House of Commons Nuclear Energy Finance Bill Committee that the V.C. Summer experience shows the folly of the RAB model. The plant has added 18% to bills in South Carolina.
Since October there has been more of a focus on the fact that Rolls Royce is considering Wylfa and Trawsfynydd as possible locations to build small nuclear power stations. (3) https://www.no2nuclearpower.org.uk/wp/wp-content/uploads/2021/11/SafeEnergy_No92.pdf
Risk of lack of electricity: is EDF’s nuclear fleet properly managed?
Risk of lack of electricity: is EDF’s nuclear fleet properly managed? The
manager of the transmission of electricity RTE alerted Monday on the state
of “particular vigilance” of the electricity network this winter. The low
availability of nuclear power is questioned.
L’Express 24th Nov 2021
France’s Court of Auditors warns on the ”uncertainties” surrounding the future of nuclear power
The Court of Auditors alerted Thursday to the “uncertainties” weighing on
the ability to build a new nuclear park “within a reasonable time and at a
reasonable cost”, while President Macron has just decided to launch a new
program of EPR. The construction of new means of electricity production –
whether nuclear or renewable – “now calls for urgent decisions to guarantee
our supply by the decade 2040″, underline the magistrates in a thematic
note.
Boursama 18th Nov 2021
Radiation control organisation calls for significant reduction in toxic releases fro La Hague nuclear facility.
ASN consultation on discharges from the La Hague plants: Association pour le Contrôle de la Radioactivité dans l’Oues (ACRO) requests a significant reduction in toxic releases from La Hague.
The Nuclear Safety Authority (ASN) has made available for public consultation , for a period of 2 weeks only, its draft decisions modifying certain methods of water withdrawal and consumption, discharge and environmental monitoring, and certain environmental discharge limits for liquid and gaseous effluents from the La Hague plant.
Remember that these factories have the highest radioactive releases at sea in the world and that ACRO, as part of its citizen surveillance , detects them as far as Denmark. Let us also remember that France is committed, within the framework of the OSPAR conventionfor the protection of the North-East Atlantic, to reduce its discharges into the sea so as to bring, for radioactive substances, the levels in the environment to levels close to the background noise for natural substances and close to zero for those of artificial origin by 2020. This commitment made in 1998, in Sintra, Portugal, by the Member States of the OSPAR convention was confirmed at the following meetings in 2003 in Bremen and 2010 in Bergen. Since none of these waste reduction policy has been implemented, the 2020 deadline was quietly pushed 2050 on 1 st October 2021 . In addition, the 2021 commitment also includes a reduction in chemical discharges so as to obtain levels close to zero in 2050……………
Finally, it should be remembered that the ACRO had highlighted, in 2016, a substantial radioactive pollution in the Ru des Landes and Areva, now Orano, had undertaken to “take back and condition the land marked with americium 241 in the zone located to the north- west of the site. “ To date, no work has been undertaken.
ACRO 22nd Nov 2021
Consultation ASN relative aux rejets des usines de La Hague : l’ACRO demande une réduction significative
Nuclear power in Hungary: Green, cheap and independent?
Nuclear power in Hungary: Green, cheap and independent? DW, 26 Nov 21,
The Hungarian government is convinced that nuclear power is the path to a green future. A new Russian reactor block is to be constructed that allegedly guarantees low emissions and low energy prices.
While Germany is phasing out nuclear power and many EU states don’t have any atomic plants at all, others are expanding their nuclear programs as part of the fight against climate change. These states argue that atomic energy is low in CO2 emissions and allows them to produce cheap electricity and be more energy-independent.
But can nuclear power really lead the way out of the climate crisis?
EU split on nuclear power
The Hungarian government says it can — and is far from being alone. In mid-October, 10 EU states, including Finland, the Czech Republic and Poland, issued a statement that declared: “To win the climate battle, we need nuclear energy.”
France, a long-time enthusiastic advocate of nuclear energy, took the lead in formulating this statement. Currently, Paris is investing in new types of domestically developed reactors.
Meanwhile, Budapest is planning to expand its Russian-type nuclear plant. It is located near the small town of Paks on the banks of the Danube, less than a two-hour drive south of the Hungarian capital. In addition to the four existing reactors, two others are planned — Paks II.
Good for the environment and consumers?
…………… The question of whether atomic power is really beneficial to the environment is extremely contested. It is not just a matter of the catastrophic consequences of potential reactor accidents and the still unresolved questions about the safe storage of atomic waste. Nuclear energy does not guarantee lower emissions. A study of 123 countries that was published in the scientific journal Nature in 2020 came to the conclusion that actual emissions are not significantly lower in those countries with nuclear power than those without.
New reactor block in seismically active zone
The nuclear plant in Paks also has an impact on flora and fauna in the vicinity, stresses Andras Perger, the climate and energy expert for Greenpeace Hungary. He says that cooling water fed into the Danube can significantly increase the river’s temperature, in particular when water levels are low and all reactors are running.
“The cooling water is already the most significant environmental influence,” Perger says. The water temperature in the zone up to 500 meters (1,640 feet) downriver of the plant is legally permitted to reach a maximum of 30 C (86 F). In August 2018, the river reached, at times, the critical level of 29.8 C, according to the operator. Unofficial measurements conducted by the think tank Energiaklub even showed temperatures significantly above permitted levels.
Perger also stresses the fact that the new reactors are located in a seismically active zone and is skeptical whether all regulations were taken into account when choosing the site. The Federal Environmental Office in neighboring Austria shares his view. This summer, it produced a report that described the location of Paks II as “unsuitable.”……
How independent is nuclear energy?
The state-owned company MVM’s home page states that the new reactor blocks are not just safe but guarantee Hungary greater energy independence. Yet experts are not convinced that the plants really improve Hungary’s relatively high import rate — the technology as well as the fuel rods come from Russia. A study from 2020 comes to the conclusion that in view of this fact, nuclear energy can also ultimately be classed as an import, meaning some three-quarters of the country’s energy balance comes from beyond the country’s borders……………
Lack of transparency
But opposition parties and NGOs have sharply criticized the decision to directly award the contract for expanding the plant to Russia’s state-owned nuclear energy company Rosatom and to finance the project with a Russian loan worth more than €10 billion. The relatively high interest rate of between 4% and 5% and the Hungarian forint‘s drop in value could mean that taxpayers will end up paying more than the €12.5 billion ($14.1 billion) budgeted for the new reactors………….
Critics have also attacked the Fidesz government’s decision to declare the Rosatom contract a matter of national security and its passing of a new law that permits the documents to be kept under lock and key for 30 years.
Little hope for opponents of nuclear energy
Unlike Germany or Austria, Hungary does not have a broad-based anti-nuclear power movement. A number of opinion polls indicate that a majority of Hungarians tend to oppose the renewed extension of the operating licenses of the existing reactors and the expansion of Paks nuclear power plant — in particular after the 2011 Fukushima nuclear disaster.
But scrapping the contract for Paks II or abandoning nuclear power altogether would be difficult. Not only would energy prices for consumers be likely to rise, but the government could be forced to pay high compensation payments to Russia. https://www.dw.com/en/nuclear-power-in-hungary-green-cheap-and-independent/a-59950544
Hunterston nuclear reactor 3 closed, but there will be decades from defuelling through dismantling

SafeEnergy E Journal No.92. December 2 Hunterston Reactor 3 is expected to come off line at the end of November and Reactor 4 before 7th January 2022. There would then be 2 months of statutory outage and then defueling would commence. EDF is hoping to despatch 4 rather than 2 spent fuel flasks every week to Sellafield during defueling.
Defueling will take around three years and will continue to draw on the skills of EDF’s specialist staff and contractors. It will then take around 5 or 6 years to prepare the plant for a period of 40 to 50 years of care and maintenance. Final dismantling could begin around 2070. https://www.no2nuclearpower.org.uk/wp/wp-content/uploads/2021/11/SafeEnergy_No92.pdf
What might trip up the Rolls Royce plan for small nuclear reactors?

Fix the Planet newsletter: Can small nuclear power go big? Small modular reactors are being pitched as an affordable and fast way to decarbonise power grids but questions about the technology abound, New Scientist EARTH, 25 November 2021, By Adam Vaughan
”……… nuclear power did have a showing in Glasgow, at official events in the conference, deals on the sidelines and cropping up as a subject during press briefings.
One new technology popped up a few times: small modular reactors (SMRs), mini nuclear plants that would be built in a factory and transported to a site for assembly. A UK consortium led by Rolls-Royce wants to build a fleet in the country to export around the world as a low carbon complement to renewables. During COP26 the consortium received £210 million from the UK government. More private investment is expected soon.
Yet questions abound. Why should this technology succeed where large nuclear plants have failed to take off in recent years, beyond China? If they are small, will they make a sizeable enough dent in emissions? And will they arrive in time to make a difference to a rapidly warming world?……
What exactly is planned?
The reactors that Rolls-Royce SMR wants to build have been six years in development, with their roots in ones the company previously built for nuclear submarines. Despite being billed as small, the new reactor design is fairly large. Each would have 470 megawatts of capacity, a good deal bigger than the 300 MW usually seen as the ceiling for an SMR.
The consortium hopes to initially build four plants on existing nuclear sites around the UK. Ultimately it wants a fleet of 16 , enough to replace the amount of nuclear capacity expected to be lost in the UK this decade as ageing atomic plants retire. Later down the line, the SMRs could be exported around the world too.
Alastair Evans at Rolls-Royce SMR. says the first SMR would cost about £2.3 billion and could be operational by 2031. Later versions may fall to £1.8 billion, he claims. That may seem cheap compared to Hinkley, but an offshore wind farm with twice the capacity costs about £1 billion today, and that figure will be even lower in a decade’s time………….
What might trip them up?
SMRs have been in development for years but have made little inroads to date. The UK government has been talking about them for much of the past decade, with nothing to show. Progress elsewhere around the world has been slow, too. Outside of Russia there are no commercial SMRs connected to power grids. Even China, one of the few countries that has built new nuclear plants in recent years, only started construction of a demo SMR earlier this year, four years late. It wasn’t until last year that leading US firm NuScale had its design licensed by US authorities.
Paul Dorfman at the non-profit Nuclear Consulting Group, a body of academics critical of nuclear power, says the nuclear industry has always argued economies of scale will bring down costs so it is hard to see why going small will work. He says modularisation – making the reactors in factories – will only bring down costs if those factories have a full order book, which may not materialise. “It’s chicken and egg on the supply chain,” he says. He also notes the plants will still create radioactive waste (something another potential next gen nuclear technology, fusion, does not). And he fears nuclear sites near coasts and rivers will be increasingly vulnerable to the impacts of climate change, such as storm surges as seas rise.
What’s next? The Rolls-Royce SMR group this month submitted its reactor design for approval by the UK nuclear regulator, a process that could take around five years. It now needs to pick three locations for factories and start constructing them. The group also needs to win a Contract for Difference from the UK government, a guaranteed floor price for the electricity generated by the SMRs…….. https://www.newscientist.com/article/2299113-fix-the-planet-newsletter-can-small-nuclear-power-go-big/
Nuclear fusion for UK – to save the dying nuclear industry, and UK as a nuclear weapons state?
SafeEnergy E Journal No.92. December 21, Fusion Four sites in England and one in Scotland are on the final shortlist of sites to be the home of the UK’s prototype fusion energy plant. The government is backing plans for the Spherical Tokamak for Energy Production (Step) with a final decision on its location expected at the end of 2022. The UK Atomic Energy Authority (UKAEA) hope the plant will be operational by the early 2040s. The five shortlisted sites are: Ardeer, North Ayrshire; Goole, East Riding of Yorkshire; Moorside, Cumbria; Ratcliffe-on-Soar, Nottinghamshire; Severn Edge, Gloucestershire; They were whittled down from a longlist of 15 sites, which included Chapelcross near Annan and Dounreay. (1 …………
The Scottish Campaign for Nuclear Disarmament (CND) has said that this latest effort to extol the virtues of nuclear fusion as a “low carbon” source of energy is to keep the industry “alive” due to the UK being a “nuclear weapon state”. (5)………https://www.no2nuclearpower.org.uk/wp/wp-content/uploads/2021/11/SafeEnergy_No92.pdf
Nicola Sturgeon reaffirms the Scottish Government’s opposition to nuclear power

Nicola Sturgeon has renewed the Scottish Government’s opposition to
nuclear power as part of the country’s drive towards net zero. The First
Minister ruled out any new nuclear power stations in Scotland in direct
opposition to calls from trade unions, backed by Labour’s Anas Sarwar,
for nuclear to be considered as a replacement to fossil fuels.
At First Minister’s Questions in Holyrood Sturgeon insisted it was was an
expensive option for taxpayers. She told SNP MSP Bill Kidd: “Renewables,
hydrogen and carbon capture and storage provides the best pathway to net
zero by 2045 and will deliver the decarbonisation we need to see across
industry, heat and transport. “We believe that nuclear power represents
poor value for consumers.”
Daily Record 25th Nov 2021
https://www.dailyrecord.co.uk/news/politics/nicola-sturgeon-rules-out-nuclear-25544965@ChristinaMac1
Boris Johnson avoids detail on how China will be removed from Sizewell C deal.
Boris Johnson avoided details when specifically asked about China’s
state-owned energy company’s role in Sizewell C – and how they will be
removed from the nuclear project amid concerns over national security. EDF
and China General Nuclear (CGN) are joint developers of Sizewell C taking
80% and 20% shares respectively, though the Financial Times has previously
reported that Whitehall is looking to push out CGN.
At Prime Minister’s Questions, shadow business secretary Matthew Pennycook told Mr Johnson that
“the Government’s Integrated Review concluded the Chinese state poses a
systemic challenge to our national security” and asked him to explain
“precisely how and when his Government intends to remove the CGN’s
interest from the Sizewell C nuclear project?”
Mr Johnson responded: “We
don’t want to see undue influence by potentially adversarial countries in
our critical national infrastructure and so that’s why we have taken the
decisions we have.” The National Security and Investment Bill, currently
going through parliament, is looking to give the government further powers
to screen and potentially block sensitive foreign investments.
Mr Pennycook later responded on Twitter: “We need certainty on the future of China’s
involvement in UK nuclear power and clarity about how and when the
Government intends to remove China’s state-controlled nuclear energy
company from involvement in any future UK project.”
East Anglian Daily Times 25th Nov 2021
https://www.eadt.co.uk/news/boris-johnson-sizewell-c-china-removal-8516062
Labour has called for clarity on how the government plans to remove China’s state-owned energy company from nuclear power projects in the UK.
Labour has called for clarity on how the government plans to remove
China’s state-owned energy company from nuclear power projects in the UK.
Asked about Chinese involvement in nuclear projects at Bradwell and
Sizewell during Prime Minister’s Questions (PMQs) yesterday, Boris
Johnson said the UK “do[es] not want to see undue influence by
potentially adversarial countries in our critical national
infrastructure” and highlighted new national security rules on investment
that come into force in January. Johnson added that more information would
be “forthcoming” about what it will decide about the Bradwell B
project.
Construction News 25th Nov 2021 https://www.constructionnews.co.uk/government/nuclear-pm-urged-to-elaborate-on-potential-removal-of-chinese-firms-25-11-2021/
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