Uncertain future for industry related to nuclear power
Loan to Sheffield Forgemasters being reviewed – minister LONDON, June 3 (Reuters) – A loan granted by Britain’s last government to a steelworks company to help it build a manufacturing facility for the nuclear industry is under review, the new business minister said on Thursday. Continue reading
Britain faces ever-increasing debt with nuclear wastes
Chris Huhne warns of £4bn black hole in nuclear power budget, guardian.co.uk, Patrick Wintour, 1 June 2010 Energy secretary blames predecessors for avoiding tough decisions in ‘classic example of short-termism’ Chris Huhne, the new energy secretary, said: ‘What we are effectively paying for here is decades of cheap nuclear electricity.’
Britain is facing a £4bn black hole in unavoidable nuclear decommissioning and waste costs, Chris Huhne, the energy and climate change secretary disclosed tonight. Continue reading
Britain’s clean energy cut, as nuclear costs spiral out of control
will see it reduce spending on support for genuinely clean energy projects.
Nuclear costs spiral as clean energy budgets face axe, Left Foot Forward, 2 June 2010, Once again, evidence is mounting that the cost to Britain of nuclear power is spiralling. The new energy secretary, Chris Huhne, has briefed The Guardian this morning that he has inherited a “£4 billion black hole in unavoidable nuclear decommissioning and waste costs”. Continue reading
Massive taxpayer payouts to UK nuclear executives
all the directors listed have since moved into other jobs in the nuclear industry.
Nuclear costs spiral as clean energy budgets face axe, Left Foot Forward, 2 June 2010, “…..there’s a need for an independent and open audit of NDA spending to examine the room for greater cuts there when you look at these examples of the organisation’s largesse:
* The ex-managing director of Sellafield, Barry Snelson, who ran the site on behalf of the NDA, was recently given a £2,000,000 golden adieu for “loss of office.”
* His colleague David Bonser, head of the thermal oxide reprocessing plant (THORP), was given a £1m pay off at the same time. He was in charge of the site, during the 2007 THORP leak that went unnoticed Continue reading
Small scale renewable energy to benefit from bank pledge
Community groups and smaller developers eager to utilise the Government’s new feed–in tariffs regime would benefit from the fund
Co-op bank pledges £200m to UK renewables, guardian.co.uk, by Zara Maung 1 June 2010, Extra funding for renewable energy will be welcomed as project financing gets tougher The Co-operative Bank increased its support for renewable energy today, by pledging to lend an additional £200 million to the sector in 2010.
The bank also committed to expanding its UK specialist renewables team in Manchester and creating Scotland–based teams at its corporate banking centres in Edinburgh and Glasgow. The investment follows a £400m renewable energy fund set up by the Co-op in 2007, Continue reading
Big future for renewable energy in Scotland
Scottish hopes over renewable energy, FT.com, By Andrew Bolger, May 31 2010 There is a growing consensus over the scale of the economic opportunity that renewable energy offers the UK economy – and Scotland in particular.The Offshore Valuation Group, a coalition of government and industry organisations, estimates that wind and wave power – using only a third of the available resource – could generate electricity equivalent to the current level of North Sea oil and gas production. The group also forecasts renewables could create 145,000 new jobs and make Britain a net exporter of electricity by 2050. FT.com / Companies / Utilities – Scottish hopes over renewable energy
Britain’s somewhat cryptic disclosure of size of nuclear stockpile
only in the somewhat cryptic way: “the overall stockpile…will not exceed 225 warheads
Britain Discloses Size of Nuclear Stockpile: Who’s Next? » FAS Strategic Security Blog, By Hans M. Kristensen, 26 May 2010, The new British government today followed the French and U.S. examples by disclosing its total military stockpile of nuclear weapons. Continue reading
UK not getting new nuclear reactors any time soon
U.K. Energy Policy In A Muddle – WSJ, By Selina Williams, 24 May 2010, “……….Not all the policies required for the construction of new nuclear power plants–a key source of low-carbon electricity–are finalized and it’s unlikely that any will be built until after 2020, the report adds. Decomissioning of old nuclear power plants and what will be done with the waste have yet to be completely pinned down. And the new coalition government’s decision to do away with the Infrastructure Planning Commission, which the previous government set up to streamline and speed up planning decisions for new nuclear, could create more delays to investment…….U.K. Energy Policy In A Muddle – The Source – WSJ
UK govt closes scheme to fund small scale reneweble energy
Cameron axes renewable energy grant, FT.com, May 24, 2010 by Jim Pickard David Cameron, in his original incarnation as Tory leader, was an advocate of the green agenda; cycling everywhere, visiting the Arctic (albeit by plane) and fixing a wind turbine to the roof of his west London home. (No matter that he was forced to take it down due to complex planning issues).Yet the new prime minister has just axed a major scheme (the “Low Carbon Buildings Programme”) that gave grants for households and companies to put solar panels or wind turbines on their premises. So far it has helped 20,000……………The Renewable Energy Association says:”The announcement has increased the sense of uncertainty faced by the UK’s infant renewable heat industry.” Cameron axes renewable energy grant | Westminster Blog | FT.com
UK tax-payer might have to foot the bill for nuclear industry
…….over the years, nuclear has had the lion’s share of R&D and public investment in new energy technology, and we are still spending about half our energy R&D funding on nuclear fission and fusion. By comparisons, renewables, as a group, have been starved of funding
(UK) The cost of nuclear – environmentalresearchweb, 24 May 2010, “………The capital cost is high, and the ultimate cost, if something goes seriously wrong, could be very large.The UK’s nuclear liability law is based on the Paris and Brussels Convention on Nuclear Third Party Liability, which has been in operation since the 1960s. Continue reading
UK could save billions by cutting back on Trident nuclear submatrines
Billions could be saved by scaling down Trident | Reuters(Reuters) 22 May 2010, – Britain may be able to save about 11 billion pounds in defence costs if it were to end its policy of keeping at least one nuclear armed-submarine at sea at all times, a prominent defence think-tank said.UK | David CameronDefence spending is a prime candidate for cuts as Prime Minister David Cameron seeks ways to reduce a budget deficit set to reach 163 billion pounds this financial year.Cameron’s government outlined plans on Thursday to reduce the deficit, before an emergency budget due on June 22, including cutting defence ministry running costs by 25 percent.Controversy has swirled around Britain’s submarine-based nuclear weapons system, or Trident, with the Liberal Democrat party, the junior partner in the new coalition government, arguing that it should be replaced with a cheaper alternative.The Conservative Party, the coalition’s senior partner, wants to keep Trident.
South of UK shows the way to truly clean energy living
An ambitious and comprehensive plan that relies on greatly increased renewable energy usage and a 50% reduction in primary energy demand in the town, it concentrates on community engagement and showing how attractive life in 2030 could be without fossil fuels.
A Swell Day for Renewable Energy in the South West – Better Generation (UK) 18 May 2010, The South-West Regional Development Agency (SWRDA) have released an update informing the renewable energy world that “Wave Hub,” the world’s largest offshore wave energy testing facility, is on course to be deployed this summer with fabrication of sub-sea cables and the hub itself nearing completion. The site will create a “grid-connected socket on the seabed… To which wave power devices can be connected and their performance evaluated.”………. Continue reading
UK’s renewable energy incentives with Feed In Tariffs
How feed in tariffs could ‘democratise’ renewable energy generation, Engineer Live, 18 May 2010, Suddenly, the rewards for generating electricity from low carbon sources are within the reach of far more people than ever before. Continue reading
UK’s energy future could now be renewables, not nuclear
Will the new U.K. government support nuclear energy? The Energy Collective, by Dan Yurman, 17 May 2010, Energy & Climate Minister pledges “not one atom of help” from the governmentThe future of nuclear energy in the U.K. does not look bright based on the rhetoric coming from Chris Huhne, (right) the new government’s Energy & Climate minister and key advisor to Conservative Party coalition partner David Cameron. Continue reading
UK’s nuclear plans hit by one blow after another
Another blow to nuclear plans, Ruscombe Green, 17 May 2010, “….new uncertainty over new nukes following the appointment of anti-nuclear Energy Secretary Chris Huhne. He has strengthened his assertion that new nuclear build will not receive any Government subsidies including in the event of a nuclear accident…….
Nuke-waste subsidy?
Chris Huhne may also be under pressure from anti-nuclear Lib-Dem colleagues to examine other potential aspects of Government subsidy Continue reading
1 This Month
of the week– Nuclear Reactor Information Task Force
14 May – online event From Bombs to Data Centres: the Face of Nuclear Colonialism
To see nuclear-related stories in greater depth and intensity – go to https://nuclearinformation.wordpress.com
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