NuGen nuclear power project in Moorside, Cumbria, UK, soon to bite the dust?
Sunday Times 4th Nov 2018 Plans to build a nuclear power station to provide up to 7% of the
country’s electricity could be ditched within days after talks with a
potential buyer stalled.
The planned NuGen plant in Moorside, Cumbria, has
been in trouble since financial problems emerged in 2016 at the owner,
Toshiba, and its nuclear subsidiary Westinghouse Electric filed for
bankruptcy protection.
Toshiba has been trying to sell the project.
However, talks with South Korea’s state-owned Korean Electric Power
Corporation (Kepco) have yet to lead to a deal, and Kepco was stripped of
preferred bidder status in August.
It is thought that Toshiba’s board is
set to meet in Tokyo on Thursday, when directors will decide whether to
continue trying to find a buyer or to wind up the project, which is
believed to have been costing millions of pounds a month.
Winding up NuGen— seen as the likely outcome — would deal a big blow to the
government’s energy strategy. NuGen had been due to start powering about
6m homes from 2025. The private equity firm Brookfield, which bought
Westinghouse, was also in talks with Toshiba over the deal but it is
believed these have collapsed. China’s CGN has also been interested.
https://www.thetimes.co.uk/edition/business/crunch-talks-to-rule-on-cumbria-nuclear-plant-gvtg2ztrh
UK could be running solely on zero carbon renewable in summer months 2050.
Business Green 2nd Nov 2018 The UK power market will be able to withstand huge volumes of new renewablegeneration coming on line according to new research, which suggests the
country could be running solely on zero carbon power during the summer
months by 2050.
explores what happens to the UK power market as it transitions to a high
level of renewable power. Aurora modelled a 2050 scenario where power
demand has risen by two-thirds from today, thanks to the rise of EVs, and
the grid now boasts 130GW of nuclear, wind and solar generation capacity.
effectively lead to zero-carbon summers for the UK electricity grid under
this scenario, according to Aurora. But such large volumes of renewable
power would also “fundamentally alter” the workings of the power market,
with price crashes in the summer months as green power generation soars.
https://www.businessgreen.com/bg/news/3065602/aurora-er-uk-could-enjoy-zero-carbon-summer-power-by-2050
UK’s Sellafield nuclear decommisioning ‘a misuse of public funds’
CORE 31st Oct 2018 The findings of the spending watchdog’s latest report on the status ofSellafield’s clean-up projects and costs makes yet more dreary reading
for the UK taxpayer – the costs described as ‘a misuse of public
funds’ by a spokesman for the report’s authors the Government’s
Public Accounts Committee (PAC).
criticism of the way the Nuclear Decommissioning Authority (NDA) is
managing many of the major projects needed to clean up Sellafield. The site
currently receives some £2Bn of public money every year and, over the next
100+ years of decommissioning is expected to cost a total of £91Bn.
raises the spectre of the UK’s plutonium stockpile (40% of the world’s
global stock) and the latest thinking by Government on its long-term
plutonium management options. [An NDA FoI response to CORE (29.10.18)
suggests an update on its plutonium plans is currently being finalised by
the NDA and could be published in the next month or so]
http://corecumbria.co.uk/briefings/spendthrift-sellafield-wayward-governance-and-the-latest-plutonium-view/?doing_wp_cron=1541014253.9727599620819091796875
The tide is turning against nuclear power, following the IPCC Report
NuClear News, Nov 18 Tide Turns Against Nuclear http://www.no2nuclearpower.org.uk/wp/wp-content/uploads/2018/10/NuClearNewsNo112.pdf
Following the recent National Infrastructure Assessment which advised the Government not to build more than two new nuclear stations (about 6GW) (1) and the Committee on Climate Change (CCC) statement that “If new nuclear projects were not to come forward, it is likely that renewables would be able to be deployed on shorter timescales and at lower cost,” (2) we have now seen the International Panel on Climate Change (IPCC) report making some pretty disparaging remarks about nuclear power. Perhaps the tide is finally turning. The IPCC latest findings tell a nightmarish tale—one much worse than in previous reports— surveying the climate-change impacts we’re already experiencing with one degree of warming, and the severity of the impacts to come once we surpass 1.5 degrees of warming. Ten million more people would be exposed to permanent inundation, and several hundred million more to “climate-related risks and susceptible to poverty.” Malaria and dengue fever will be more widespread, and crops like maize, rice, and wheat will have smaller and smaller yields— particularly in sub-Saharan Africa, Southeast Asia, and Central and South America. Security and economic growth will be that much more imperilled. “Robust scientific literature now shows that there are significant differences between 1.5 and 2 degrees,” Adelle Thomas, a geographer from the Bahamas and also one of the report’s lead authors, told the New Yorker. “The scientific consensus is really strong. It’s not just a political slogan: ‘1.5 to stay alive.’ It’s true.” (3) But the IPCC report points out that “the transition from the energy system that would be needed to limit global warming to 1.5 ° C is underway in many sectors and regions of the world. The technical, social, economic and political feasibility of solar energy, wind energy, and electricity storage technologies has improved considerably in recent years, while nuclear energy and Carbon dioxide (CCS) storage in the electricity sector did not show the same improvements.”
Nuclear: too weak, too slow, too expensive and too risky The IPCC report continues saying the timeframe between the date of decision and the commissioning of nuclear power plants is between 10 and 19 years, and current deployment capacity is slowed by public concern about the risk of accidents and problems with nuclear waste. In addition, the IPCC notes, that “the costs of nuclear energy have increased over time in some developed nations, mainly because of the prevailing conditions, where increased investment risks in high-capital-intensive technologies have become important.” The theoretical benefits that nuclear energy could bring in the fight against climate change are therefore far too weak, too slow, too expensive and too risky. While the IPCC report requires us to quickly reduce emissions, it is not possible to choose the slowest and most expensive electric generation technology to deploy, as well as the dirtiest and riskiest. Nuclear power is disqualified from the race of the climatic fight. (4)
The IPCC report also says: “In spite of the industry’s overall safety track record, a non-negligible risk for accidents in nuclear power plants and waste treatment facilities remains. The long-term storage of nuclear waste is a politically fraught subject, with no large-scale long-term storage operational worldwide. Negative impacts from upsteam uranium mining and milling are comparable to those of coal, hence replacing fossil fuel combustion by nuclear power would be neutral in that aspect. Increased occurrence of childhood leukaemia in populations living within 5 No2NuclearPower nuClear news No.112, November 2018 3 km of nuclear power plants was identified by some studies, even though a direct causal relation to ionizing radiation could not be established and other studies could not confirm any correlation”.
An April 2018 report from the International Renewable Energy Agency (IRENA) shows, renewable energy and energy efficiency can, in combination, provide over 90% of the necessary energy-related CO2 emission reductions the world needs. Furthermore, this can happen using technologies that are safe, reliable, affordable and widely available. While different paths can mitigate climate change, renewables and energy efficiency provide the optimal pathway to deliver most of the emission cuts needed at the necessary speed. But renewable energy will need to be scaled up at least six times faster for the world to meet the decarbonisation and climate mitigation goals set out in the Paris Agreement.
The total share of renewable energy must rise from around 18% of total final energy consumption (in 2015) to around two-thirds by 2050. Over the same period, the share of renewables in the power sector would increase from around one-quarter to 85%, mostly through growth in solar and wind power generation. The energy intensity of the global economy will have to fall by about two-thirds, lowering energy demand in 2050 to slightly less than 2015 levels. This is achievable, despite significant population and economic growth, by substantially improving energy efficiency, the report finds. (6)
So what is the UK Government doing? On 15th October the UK Government wrote a joint letter with the Welsh and Scottish governments to the Committee on Climate Change to seek updated advice on meeting the 1.5oC target. (7) Specifically, the governments asked the CCC to report on the date by which they should look to set a net zero target, as well as the range which UK greenhouse gas emissions reductions would need to be within, against 1990 levels, by 2050 as an appropriate contribution to the global goal of limiting global warming to “well below” 2oC above pre-industrial levels. It has also asked for the corresponding emissions range for a 1.5oC target. But the letter said carbon budgets already covering the period 2018-2032 were out of scope of the request.
The Intergovernmental Panel on Climate Change (IPCC) warned that limiting global warming to 1.5oC by the end of the century would require “rapid, far-reaching and unprecedented changes in all aspects of society”, and that the world is currently heading for a 3oC rise in temperature. (8) The exclusion of the period from 2018 – 2032 led to protests from green groups and the opposition. Labour’s Energy Spokesperson, Alan Whitehead, called on the government to strengthen its review of the UK’s long term carbon targets and allow the Committee on Climate Change (CCC) to assess whether existing near-term carbon targets are compatible with keeping temperature increases below 1.5C. CCC chief executive Chris Stark admitted he was surprised the letter explicitly stated that “carbon budgets already set in legislation (Carbon Budgets 3-5 covering 2018-2032) are out of scope of this request”. (9 The Scottish Government has now written separately to the CCC changing its position, and saying the previous request “should not therefore prevent you from advising on all of Scotland’s targets.” (10) No2NuclearPower nuClear news No.112, November 2018 4 Devastating Critique of UK policies on renewables Meanwhile the BBC’s File on Four programme aired an unprecedented critique of the UK government’s undermining of renewables. The government says it is committed to green energy – its recent ‘Clean Growth Strategy’ claims plans are in place to cut greenhouse gases by more than half of 1990 levels by 2030. And yet, research shows investment in green energy fell 56% last year, the biggest drop of any country – with policy change, subsidy cuts and ‘stop-start’ support from ministers being blamed. So, do Britain’s plans for a greener future add up? File on 4 takes to the road to find out. On a trip around the North East of England, Simon Cox asks why, when the offshore wind industry has grown, other cheap, renewable energies like onshore wind, solar power and now biofuels are struggling to survive. He examines whether changes in policy are hitting crucial investment, and if ambitious climate targets will really be met.
While offshore wind expands, it’s not the same story for onshore. Changes to planning laws mean it’s pretty impossible to build them in England and Wales. The CCC has warned of big gaps in the Government’s programme. We are going to need more onshore wind and solar to meet our targets. Gareth Miller of Cornwall Insight told the BBC that “to simply shut out the two undeniably cheapest technologies … from being built to their maximum capacity in the UK seems to be very, very strange indeed … There is a question of how serious the Government is when it says it wants to decarbonise the power sector at the lowest cost to the consumer in a world where they are currently shutting out the cheapest technologies to make that happen … I think we’ll see a significant slowdown if we haven’t already.”
In 2015 the tariff for generating solar electricity was slashed by two-thirds for homeowners and large solar farms. The domestic market has now gone back to the level it was at before the feedin tariff came in. A lot of very good companies have gone bust or shrunk. Next April the remaining tariff for exporting electricity to the grid will disappear – a further blow to investors in solar power – it will ruin the financial case for putting solar panels on your roof. It will be the final end of the domestic solar market in the UK. You are looking at thousands and thousands of job losses across the country. One recent survey found over 40% of UK solar installers are considering quitting the industry. To survive British companies have been forced to look overseas. Solar Century, for example, wouldn’t be able to survive if it was just reliant on the UK. Jeremy Leggett, founder of Solar Century says:
“If I needed any more persuading that we are dealing with hostile forces who basically over many years have taken every opportunity to set us back while promoting the cause of more expensive nuclear and more expensive shale gas then this is it … of all the things they have done to harm our industry over the years this is arguably the worst … the prize for the Government in a country desperate for jobs would have been to build a domestic industry – that is not going to happen because so many big British companies have been driven to bankruptcy.”
The opportunity to build a really healthy British solar industry has been lost. Dr Gem Woods from Imperial College says: “We now know that even what seemed like an impossibly stretching target of reducing our greenhouse gas emissions by 80% by 2050 is not going to be anything like good enough. And so we have to think very fast (and do very fast) about what sort of systems that we need to be deploying over the next 5, 10 and 20 years – not the next 50 years. At the moment we have locked ourselves into a set of processes that in my view are really delaying meaningful implementation of the types of technologies and systems that will allow us and our children to have any kind of meaningfully good future.”
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Nuclear facilities in UK – perfect targets for terrorism
Nuclear facilities as potential targets in China and UK https://nuclearexhaust.wordpress.com/2018/10/27/nuclear-facilities-as-potential-targets-in-china-and-uk/
Nuclear reactors as potential targets in UK Wales |
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UK Law changed so nuclear waste dumps can be forced on local communities
Law changed so nuclear waste dumps can be forced on local communities https://www.theguardian.com/environment/2015/apr/05/law-changed-so-nuclear-waste-dumps-can-be-forced-on-local-communities?fbclid=IwAR19RWY6_PDJsDLIDLGhunei
Legislation rushed through in the final hours of parliament allows local planning laws to be bypassed, seriously alarming anti-nuclear campaigners, Juliette Jowit, Mon 6 Apr 2015, Last modified on Thu 15 Feb 2018 Objectors worry that ministers are desperate to find a solution to the current radioactive waste problem to win Nuclear waste dumps can be imposed on local communities without their support under a new law rushed through in the final hours of parliament.Under the latest rules, the long search for a place to store Britain’s stockpileof 50 years’ worth of the most radioactive waste from power stations, weapons and medical use can be ended by bypassing local planning. Since last week, the sites are now officially considered “nationally significant infrastructure projects” and so will be chosen by the secretary of state for energy. He or she would get advice from the planning inspectorate, but would not be bound by the recommendation. Local councils and communities can object to details of the development but cannot stop it altogether. The move went barely noticed as it was passed late on the day before parliament was prorogued for the general election, but has alarmed local objectors and anti-nuclear campaigners. Friends of the Earth’s planning advisor, Naomi Luhde-Thompson, said: “Communities will be rightly concerned about any attempts to foist a radioactive waste dump on them. We urgently need a long-term management plan for the radioactive waste we’ve already created, but decisions mustn’t be taken away from local people who have to live with the impacts.” Objectors worry that ministers are desperate to find a solution to the current radioactive waste problem to win public support to build a new generation of nuclear power stations. Zac Goldsmith, one of the few government MPs who broke ranks to vote against the move, criticised the lack of public debate about such a “big” change. “Effectively it strips local authorities of the ability to stop waste being dumped in their communities,” he said. “If there had been a debate, there could have been a different outcome: most of the MPs who voted probably didn’t know what they were voting for.” Labour abstained in the vote, indicating that a future government will not want to reverse the change of rules. However, the shadow energy minister, Julie Elliott, has warned that the project is expected to take 27 years to build even after a preferred site was identified and would cost £4bn-5.6bn a year to build, plus the cost of running it for 40 years. Since the Royal Commission on Environmental Pollution found in 1976 that it was “morally wrong” to keep generating nuclear waste without a demonstrably safe way of storing the waste, there have been at least four attempts to find the right site, all of them shelved after strong protest. There are now 4.5m cubic metres of accumulated radioactive waste kept in secure containers at sites across Britain, though only 1,100m3 of this is the most controversial high-level waste, and 290,000m3 is intermediate-level waste. It costs £3bn a year to manage the nuclear waste mountain, of which £2bn comes from taxpayers. The most recent proposal for a more permanent solution was to ask local authorities to volunteer to examine whether they could host the development. Initially, a coalition of Cumbria county council and Copeland and Allerdale borough councils put their names forward, but the policy stalled in 2013 when the county council pulled out. Last year, the Department for Energy and Climate Change (DECC) published a white paper which said ministers would prefer to work with public support, but reserved the right to take more aggressive action on planning if “at some point in the future such an approach does not look likely to work”. The day before parliament rose, MPs voted in an unusual paper ballot to implement a two-page statutory instrument which adds nuclear waste storage to the list of nationally significant infrastructure projects in England, via the 2008 Planning Act. Officials have said approval depends on a “test of public support” and any site would undergo extensive geological safety tests. Copeland borough council, one of the two areas most affected by any such development at Sellafield, said it was pleased with the government’s change to planning rules. Radiation-Free Lakeland – set up to block the Sellafield proposal because they claim there is no evidence deep storage is safe or that the geology of Cumbria is suitable – claimed, however, “the test of public support is a fig leaf: the government hast’t said what the public support will be”. The only existing high-level radioactive underground waste storage, in New Mexico, USA, has been closed since last year following two accidents. Germany has put similar plans for burying high-level waste on hold and four other countries, including France and Japan, are examining the idea. |
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Toshiba to dissolve its British nuclear unit NuGeneration?
Toshiba considers liquidation of British nuclear unit NuGeneration https://mainichi.jp/english/articles/20181026/p2g/00m/0bu/070000c
October 26, 2018 (Mainichi Japan) TOKYO (Kyodo) — Toshiba Corp. is considering dissolving its British nuclear subsidiary NuGeneration Ltd. as negotiations for its sell-off have stalled, sources close to the matter said Friday.
The Japanese conglomerate is in the process of withdrawing from its overseas nuclear businesses after the bankruptcy of its U.S. subsidiary Westinghouse Electric Co. in 2017.
Korea Electric Power Corp. has been selected as the preferred bidder for the British nuclear subsidiary, but no agreement was reached before its preferred bidder status expired, the sources said.
Toshiba is also at odds over the terms of the unit’s sale with a Canadian asset management company which has shown interest in buying NuGeneration, they said.
NuGeneration plans to build a nuclear power plant with three reactors in Moorside, northwestern England. It was initially scheduled to use reactors manufactured by Westinghouse before the U.S. company went bankrupt.
USA issues stark warning against UK partnering with China on nuclear power stations
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US warns Britain against Chinese alliances on nuclear plants, Security official claims evidence of civilian nuclear technology being put to military use, Ft.com, David Sheppard in London , 25 Oct 18
The US has issued a stark warning to the UK about partnering with China’s largest state-backed nuclear company on a host of new power plants, saying it has evidence that it is engaged in taking civilian nuclear technology and transferring it to military uses. Christopher Ashley Ford, the US assistant secretary for international security and non-proliferation, said that China General Nuclear (CGN), which is a partner on the £18bn Hinkley Point C nuclear project, among others, was at the forefront of Chinese efforts to militarise civilian nuclear technology.
“It’s quite clear now that essentially the entirety of the Chinese nuclear industry is lashed up with military-civil fusion,” Mr Ford said in a briefing with the Financial Times. “There is a growing pattern of information of which we have become aware over time related to technological theft issues.” Mr Ford said the US had shared evidence, both “open source” and from intelligence gathering, with the UK, showing CGN was involved in the transfer of technology that could be used for a range of military applications. That could include powering China’s new breed of nuclear powered submarines, aircraft carriers and “floating nuclear reactors for the ongoing militarisation of the South China Sea”, Mr Ford
“If CGN is engaged in helping the Chinese navy . . . with missiles that could presumably be pointed at western capitals, including London . . . It’s worth thinking about whether that’s a particularly good idea,” Mr Ford said. The bluntly delivered warning comes as UK prime minister Theresa May has tried to increase scrutiny of Chinese investment in key UK infrastructure compared to her predecessor David Cameron, including over involvement in nuclear power plants.
But the US intervention, given their status as the UK’s key military ally, is likely to increase pressure on Downing Street. The Trump administration is locked in a trade war with China, with tensions ramping up over tariffs and the balance of payments between the two countries. But the US this month also updated its own policies on civilian nuclear co-operation with China to say that there would be a “presumption of denial” for any US company seeking to transfer technology to CGN or its subsidiaries. …..
A contract between China and Westinghouse Electric Company, the US nuclear engineering group sold by Toshiba to Canadian asset manager Brookfield last year, is not, however, broadly affected by the US policy shift, although future deals could be. The second Westinghouse plant in China started up on Wednesday, 11 years after the deal to build four AP1000 reactors was first signed. …..
Last month, CGN told the Financial Times that political sensitivities could prompt it to give up the chance to operate a new atomic power plant at Bradwell in Essex, as the group also outlined ambitious plans for an industrial partnership with Britain. …..
CGN has invested more than £2bn in its British nuclear projects in the past two years, and has committed to spend £9.5bn in this area in total. https://www.ft.com/content/84ab26f6-d7a5-11e8-a854-33d6f82e62f
Britain’s Ministry of Defence foresees nuclear attacks on Earth, launched from space
Space stations could launch NUCLEAR attacks on Earth in 30 years – shock MoD report
SPACE stations could launch nuclear attacks on Earth in 30 years, the Ministry of Defence has warned in a shock report on the growing threat of a nuclear space race. The threat of a nuclear space race comes as countries look to expand their arsenal of weapons outside the earths atmosphere.
A report called the ‘Future Starts Today’ outlines the “critical point” the world has reached in relation to warfare.
Defence Secretary Gavin Williamson acknowledged the “dangerous” state of the world.
As the advancement of technology increases the prospect of military space bases has come to fruition with nuclear warheads circling earth.
These weapons would have “global reach” and be unseen by those on Earth.
The destructive power of a nuclear electromagnetic pulse weapon – detonated in the air rather than on the ground – will be developed to knock out whole cities and even countries.
Electromagnetic pulses have the ability to shut down anything running on electrical power therefore, lights, communications, heating systems would all stop working in an instant.https://www.express.co.uk/news/world/1034575/space-stations-nuclear-attack-earth-ministry-of-defence-report
Future of Bradwell nuclear project in doubt – Chinese company might withdraw
BANNG 22nd Oct 2018 , BANNG has long maintained that there is no need for a new nuclear powerstation at Bradwell. The costs, in terms of the long-lasting, physical
damage to the tranquil and vulnerable Blackwater estuary, of the finances,
of the potential for terrorist attacks and of the uncertainties around
investment by a potentially hostile state, are too high.
in the costs of renewables and storage, there will be no need for it by the
time Bradwell B could be in operation.
in the Bradwell B project. However, it seems now that CGN is wavering. In
the Financial Times of 18 September it was reported that CGN ‘has
admitted that political sensitivities could prompt it to give up the chance
to operate a new atomic power plant in the UK’.
security issues surrounding Chinese investment into a highly sensitive part
of the UK’s national infrastructure. In the Financial Times, Zheng
Dongshan, Chief Executive of CGN’s UK subsidiary, is reported as
acknowledging that it would take time for CGN ‘to show the public, the
government they can trust us’. Andy Blowers, Chair of BANNG, said: ‘The
project may be doomed anyway as the Bradwell B site is totally unsuitable
and is opposed by communities all around the Blackwater estuary.’
https://www.banng.info/news/is-bradwell-b-going-down-the-drain/
UK govt incentives for nuclear, coal gas – work against renewable energy development

Dave Toke’s Blog 20th Oct 2018 UK Renewable trade associations are fighting for the survival of the renewable industry against an onslaught led by the Treasury. If the Treasury gets its way almost all future development for renewable energy in the UK will be stopped.http://realfeed-intariffs.blogspot.com/2018/10/renewables-lobbies-fight-to-stave-off.html
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Nuclear Security UK – bolstering defences against a terror attack.

Telegraph 20th Oct 2018 Counter-terrorism officers are to be equipped with a new fleet of high-tech
nuclear and radiological detection vehicles to trace weapons-grade materials in the UK. The Home Office is planning to buy up to 10 mobile gamma and neutron radiation detection systems to bolster its defences against them being used in a terror attack.
Ports and airports across the country already have screening systems in place to spot anyone smuggling nuclear or radiological materials into the UK as part of the Border Force’s Cyclamen monitoring system. Similar equipment was used at the Olympic Park during the 2012 Summer Olympics in London.
https://www.telegraph.co.uk/news/2018/10/20/nuclear-counter-terror-detection-systems-bolstered-high-tech/
Wales Labour government’s poor decisions, favouring nuclear project at the expense of citizenz’ well-being
Wales Online 19th Oct 2018 David Lowry: The article by Westminster Energy Minister Claire Perry
to mark Green GB week is hypocritical, especially as in the same week
fracking was allowed to restart in Lancashire. She talks about windfarms
and solar farms in Anglesey, but makes no mention of the massively
expensive (£20 billion-plus) new nuclear plant on Ynys Mon at Wylfa
Newydd, which the Westminster government’s new financing plans mean
electricity bill-payers in Wales will have to subsidise in advance.
Also, in south Wales, people living near the coastline from Newport to Swansea
have had their health put in danger by the dumping of radioactively
contaminated mud from just off the Hinkley Point nuclear plant in Somerset.
The mud has been dredged to make channels for barges bringing equipment and
building materials to build the new £25bn reactor at Hinkley C. I find it
extraordinary that such a dangerous policy has been permitted by the Welsh
Labour Government, to assist the economically illiterate nuclear policies
of the Conservative Westminster government, whose policies are almost
entirely economically hostile to Wales. As a Welsh person from Neath
watching from afar, these absurd energy decisions are incomprehensible.
https://www.walesonline.co.uk/news/local-news/western-mail-letters-friday-october-15300307
EDF says that Hinkley Point C new nuclear plant could be built from 2021 (with UK govt funding)
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Britain’s next new nuclear plant to be built from 2021, says EDF boss, Telegraph UK, 17 Oct 18, The construction of EDF Energy’s follow up project to the Hinkley Point C new nuclear plant could begin within the next three years, according to the group’s boss.
The UK arm of the French state-owned nuclear giant is yet to agree a fresh financing framework for the Sizewell C nuclear in Suffolk after repeated criticism of the Hinkley Point C deal. But Simone Rossi, the company’s new chief executive, said the group expects to be able start construction at the end of 2021 to take advantage of its experience building the Hinkley project in Somerset. The UK’s new nuclear drive has been dogged by criticism due to high costs, while renewable energy costs have fallen faster than expected. The National Infrastructure Commission (NIC) warned the government earlier this year to slow plans for a new nuclear investment boom in favour of cheaper renewable power. The Government had originally planned support the construction of as many as six new plants to help cut carbon emissions from the energy sector – but developers have struggled to finance the plans. The Government is expected to abandon the contract offered to EDF Energy for Hinkley, which put bill payers on the hook to guarantee the developer a price of £92.50 for every megawatt-hour of energy produced. Under the new proposals, known as a regulated asset base (RAB) model, EDF Energy could be in line for similar terms as those offered to companies building major multi-billion pound water infrastructure developments. The Telegraph revealed earlier this year that Dalmore Capital, one of the backers of the Thames Tideway Tunnel, is in talks to help finance the £16bn Sizewell nuclear plant……….https://www.telegraph.co.uk/business/2018/10/16/britains-next-new-nuclear-plant-built-2021-says-edf-boss/
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Criticism of Anglesey council fact-finding trip to Japan as nuclear plans go on
Anglesey council fact-finding trip to Japan ahead of nuclear plans for island called into question, North Wales Chronicle Local democracy reporter A TRIP to Japan by a delegation from Anglesey council ahead of a planned nuclear plant on the island has been called into question by opposition councillors.
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