UN Nuclear Chief Says ‘Very Real’ Threat Remains at Moscow-Held Zaporizhzhia Plant
Moscow Times 26 Jan 24
The possibility of a nuclear disaster at the Russian-held Zaporizhzhia nuclear plant in Ukraine remains “very real,” according to the head of the UN’s nuclear watchdog. …….
Regular shelling and drone attacks around the plant have raised the risks of a radioactive disaster, while Kyiv and Moscow have accused each other of planning provocations.
Experts from the International Atomic Energy Agency (IAEA) have been on the ground monitoring the Zaporizhzhia plant since September 2022.
“The plant’s six reactors have been shut down since mid-2022 — five of them in cold shutdown and one in hot shutdown. But the potential dangers of a major nuclear accident remain very real,” IAEA chief Rafael Grossi told the UN Security Council on Thursday.
Grossi warned that issues with access to power could lead to a disaster at the Moscow-controlled nuclear plant.
Emergency diesel generators are now “the last line of defense against a nuclear accident” after they were activated eight times when the plant lost all off-site power, he added.
“The plant is currently relying on just two lines of external power, and sometimes just one, or for a period the backup power was not properly configured. This demonstrates the highly precarious situation regarding essential off-site power.”………. https://www.themoscowtimes.com/2024/01/26/un-nuclear-chief-says-very-real-threat-remains-at-moscow-held-zaporizhzhia-plant-a83860
Finland is a focal point of Nato’s largest exercise since the Cold War, and looks to siting nuclear weapons.
YLE NEWS 26 Jan 24
Nato’s largest military exercise since the Cold War is starting in Finland this week, reports Ilta-Sanomat.
The exercise, dubbed “Steadfast Defender”, is bringing Nato soldiers to Finland. The drill, which includes a total of 90,000 troops from 31 Nato countries, will span this winter and spring and involves thousands of troops moving massive amounts of material through Sweden.
Troops are practicing defending a European Nato ally that has come under attack. Swedish broadcaster SVT has reported that the exercise features a scenario where Russia attacks Finland and Nato invokes Article 5, its collective defence clause.
Nuclear reality
An editorial in Helsingin Sanomat suggests that Finnish leaders have not come to terms with the fact that nuclear weapons are a core part of Nato’s deterrence policy. The paper notes that some presidential candidates don’t support siting nuclear weapons in Finland. At the same time, Finland is reworking its nuclear safety laws. According to HS, these reforms must not impede Nato’s operational activities in a wartime situation in Finland.
The nuclear deterrent is a central component of Nato’s security guarantees, under which Finland sought protection by pursuing membership in the alliance. For that reason, Finland must bear its own responsibility in preserving that deterrent, according to the national daily……………. more https://yle.fi/a/74-20070550
Japan’s Fukushima nuclear plant: further delays for removal of melted fuel debris
About 880 tons of highly radioactive melted nuclear fuel remain inside the three damaged reactors. Critics say the 30- to 40-year cleanup target set by the government and TEPCO for Fukushima Daiichi is overly optimistic. The damage in each reactor is different and plans need to be formed to accommodate their conditions.
NewsDay, By The Associated Press, January 25, 2024
TOKYO — The operator of the tsunami-hit nuclear plant in Fukushima announced Thursday a delay of several more months before launching a test to remove melted fuel debris from inside one of the reactors, citing problems clearing the way for a robotic arm.
The debris cleanup initially was supposed to be started by 2021, but it has been plagued with delays, underscoring the difficulty of recovering from the plant’s meltdown after a magnitude 9.0 quake and tsunami in March 2011.
The disasters destroyed the Fukushima Daiichi nuclear plant’s power supply and cooling systems, causing three reactors to melt down, and massive amounts of fatally radioactive melted nuclear fuel remain inside to this day.
The government and the Tokyo Electric Power Company Holdings, or TEPCO, initially committed to start removing the melted fuel from inside one of the three damaged reactors within 10 years of the disaster.
In 2019, the government and TEPCO decided to start removing melted fuel debris by the end of 2021 from the No. 2 reactor after a remote-controlled robot successfully clipped and lifted a granule of melted fuel during an internal probe.
But the coronavirus pandemic delayed development of the robotic arm, and the plan was pushed to 2022. Then, glitches with the arm repeatedly have delayed the project since then.
On Thursday, TEPCO officials pushed back the planned start from March to October of this year.
TEPCO officials said that the inside of a planned entryway for the robotic arm is filled with deposits believed to be melted equipment, cables and other debris from the meltdown, and their harder-than-expected removal has delayed the plan.
TEPCO now is considering using a slimmer, telescope-shaped kind of robot to start the debris removal.
About 880 tons of highly radioactive melted nuclear fuel remain inside the three damaged reactors. Critics say the 30- to 40-year cleanup target set by the government and TEPCO for Fukushima Daiichi is overly optimistic. The damage in each reactor is different and plans need to be formed to accommodate their conditions.
TEPCO has previously tried sending robots inside each of the three reactors but got hindered by debris, high radiation and inability to navigate them through the rubble, though they were able to gather some data in recent years.
Getting more details about the melted fuel debris from inside the reactors is crucial for their decommissioning. TEPCO plans to deploy four mini drones and a snake-shaped remote-controlled robot into the No. 1 reactor’s primary containment vessel in February to capture images from the areas where robots have not reached previously……… more https://www.newsday.com/news/nation/Japan-Fukushima-nuclear-plant-melted-fuel-decommissioning-v83291
Ukraine to start building 4 new nuclear reactors this year
By Pavel Polityuk. January 25, 2024
KYIV, Jan 25 (Reuters) – Ukraine expects to start construction work on four new nuclear power reactors this summer or autumn, Energy Minister German Galushchenko told Reuters on Thursday, as the country seeks to compensate for lost energy capacity due to the war with Russia.
Two of the units – which include reactors and related equipment – will be based on Russian-made equipment that Ukraine wants to import from Bulgaria, while the other two will use Western technology from power equipment maker Westinghouse.
All four reactors will be built at the Khmelnytskyi nuclear power plant in the west of Ukraine, Galushchenko added.
The timeline is more aggressive than previously outlined by Kyiv, which has spoken of starting work in some time in 2024 and without specifying that all four reactors could be developed simultaneously.
“I think (we’ll start construction) in summer-autumn,” Galushchenko said in an interview. “We need vessels,” he added, referring to the reactor pressure vessels that will have to be imported. We want to do the third and fourth units right away.”
Construction of the 3rd and 4th reactors at Khmelnytskyi began in the 1980s but was frozen.
Since gaining independence from the Soviet Union in 1991, Ukraine has built three new nuclear reactors – one each at Zaporizhzhia, Khmelnytskyi and Rivne nuclear power plants…………………
In parallel with the construction of the Soviet-era VVER-1000 units, Ukraine wants to start preparatory construction work to accommodate two modern Western AP-1000 units, also at Khmelnytskyi.
“We need to pass (parliamentary) legislation and we have draft laws on the 3rd, 4th, 5th and 6th units. This is VVER-1000s, while the 5th and 6th we want to build the AP-type. This is a parallel process,” he said.
In December, Ukraine’s nuclear power firm Energoatom and Westinghouse signed an agreement on the purchase of equipment for Khmelnytskyi’s 5th power unit.
Reporting by Pavel Polityuk; Editing by Mike Collett-White and Nick Macfie https://www.reuters.com/business/energy/ukraine-start-building-4-new-nuclear-reactors-this-year-minister-2024-01-25/
Hinkley Point C could be delayed to 2031 and cost up to £35bn, says EDF
As nuclear plant is hit by further delay, real cost will be far higher after inflation is included, as project uses 2015 prices
Guardian, Alex Lawson, Wed 24 Jan 2024
The owner of Hinkley Point C has blamed inflation, Covid and Brexit as it announced the nuclear power plant project could be delayed by a further four years, and cost £2.3bn more.
The plant in Somerset, which has been under construction since 2016, is now expected to be finished by 2031 and cost up to £35bn, France’s EDF said. However, the cost will be far higher once inflation is taken into account, because EDF is using 2015 prices.
The latest in a series of setbacks represents a huge delay to the project’s initial timescale. In 2007, the then EDF chief executive Vincent de Rivaz said that by Christmas in 2017, turkeys would be cooked using electricity generated from atomic power at Hinkley. When the project was finally given the green light in 2016, its cost was estimated at £18bn…………
Crooks said: “Running the project longer will cost more money and our budget has also been affected by rising civil construction costs. It is important to say that British consumers or taxpayers won’t pay a penny, with the increased costs met entirely by shareholders.”
EDF had previously said that the first reactor unit at the nuclear site would be due to be complete by June 2027, with a 15-month buffer period which was likely to be used – putting its completion at September 2028, and a further year for the second unit. It costs were estimated between £25bn and £26bn, and this was later revised up to £32.7bn in February 2023
EDF gave three scenarios, ranging from becoming operational is 2029, to delays pushing this back to 2031.
It said that the cost of completing Hinkley will be between £31bn and £34bn, although if completion is delayed to 2031 costs would rise to £35bn.
In December it emerged EDF’s partner in the project, China General Nuclear, had halted funding for Hinkley. The move came after the government took over CGN’s stake in Hinkley’s proposed sister site, Sizewell C in Suffolk, stripping the Chinese state-owned company of its role in the project.
The latest financial estimates are based on accounting in 2015 figures, meaning the total cost of the project could be far higher when inflation over the last decade is factored in. Hinkley’s ballooning costs have proved controversial with French taxpayers, which are picking up the tab.
Hinkley Point C and Sizewell C are expected to herald a new era of nuclear plants touted by the government.
Last year the government launched a delivery body, Great British Nuclear, with the aim of accelerating the development of new nuclear projects. Earlier this month ministers set out plans for out for the “biggest nuclear power expansion in 70 years”.
However, the Hinkley Point C delay will add to concerns over project delays and costs, as well as skills in an industry earmarked to deliver a quarter of the national electricity demand by 2050………………..
EDF said in January it would delay the shutdown of four of its UK nuclear reactors for at least two years and increase investment in its British nuclear fleet. https://www.theguardian.com/business/2024/jan/23/hinkley-point-c-could-be-delayed-to-2031-and-cost-up-to-35bn-says-edf—
EDF’s UK Hinkley Nuclear Costs Balloon as Plant Delayed Again – an “unmitigated disaster”?
A government spokesperson said the new plant is “not a government project” and as such “any additional costs or schedule overruns are the responsibility of EDF and its partners and will in no way fall on taxpayers”.
The government has also just doubled its own investment into Sizewell C to £2.5bn and is in the process of raising capital from private investors.
A government spokesperson said the new plant is “not a government project” and as such “any additional costs or schedule overruns are the responsibility of EDF and its partners and will in no way fall on taxpayers”.
The government has also just doubled its own investment into Sizewell C to £2.5bn and is in the process of raising capital from private investors.
Hinkley C: UK nuclear plant price tag could rocket by a third.
By Simon Jack, Business editor
The final cost of the Hinkley Point C nuclear plant being built in Somerset may soar by about a third, according to the French firm developing it.
EDF now estimates that the cost could hit £46bn, when taking price rises into account.
The completion date could also be delayed by three years………………………………
The French state-owned firm manages all five nuclear power stations that are currently generating electricity in the UK, along with three that are defueling, the first stage of winding down operations.
In 2022, the cost of the UK’s first new nuclear plant since the 1990s was estimated at £26bn, with a target date for completion of June 2027.
Previous cost estimates have been expressed in 2015 prices for easy comparison over time.
But taking inflation into account, the previous estimate on final costs of £26bn works out at £34bn today. The updated estimate of £31-35bn, could see costs hit £46bn in today’s prices – an increase of about a third.
In a letter to staff, seen by the BBC, Stuart Crooks, the managing director of Hinkley Point C, said there were 7,000 substantial design changes required by British regulations that needed to be made to the site, with 35% more steel and 25% more concrete needed than originally planned.
The revised estimates come after the government recently announced ambitions for the biggest expansion in nuclear power for 70 years.
The UK government has said in the past it wants nuclear to provide up to 25% of the UK’s electricity needs by 2050 as part of its plans to combat climate change.
A government spokesperson said the new plant is “not a government project” and as such “any additional costs or schedule overruns are the responsibility of EDF and its partners and will in no way fall on taxpayers”…………………………………….
Stuart Crooks, the managing director of Hinkley Point C, pointed out, however, that UK bill payers will not be directly affected by those building and cost time overruns.
The French firm EDF agreed to shoulder the risk and pay the full cost of construction, including any increases. This was in return for an agreed electricity price that was substantially higher than the average price in 2015 and would only rise in line with inflation.
“It is important to say that British consumers or taxpayers won’t pay a penny, with the increased costs met entirely by shareholders,” Mr Crooks’ letter read.
However, this price shock comes at a sensitive time for the UK government, which has agreed to allow construction costs for a new plant at Sizewell in Suffolk to be added to customers’ bills gradually over the decade which it will take to build.
The government has also just doubled its own investment into Sizewell C to £2.5bn and is in the process of raising capital from private investors.
Last week, the government triggered a “development consent order” that allows early-stage construction to begin in Suffolk despite several legal challenges from local and national opponents who have taken their fight to the Supreme Court.
Alison Downes of the campaign group Stop Sizewell C said that the announcement of additional funding was”inexplicable” following news of delays to one of the government’s key nuclear projects.
She described the Hinkley and Sizewell projects as an “unmitigated disaster”.
“The government should cancel Sizewell C instead of handing over scarce billions that could be used instead for renewables, energy efficiency or – in this [general] election year – schools and hospitals,” she added……………….. https://www.bbc.com/news/business-68073279
UK’s flagship nuclear plant could cost up to $59 billion, developer says
A major nuclear plant that Britain’s government hopes will generate affordable, low-carbon energy could cost up to 46 billion pounds, or $59 billion, and the completion date could be delayed to after 2029
abc news, By SYLVIA HUI Associated Press, January 25, 2024
LONDON — A major nuclear plant that Britain’s government hopes will generate affordable, low-carbon energy could cost up to 46 billion pounds ($59 billion), and the completion date could be delayed to after 2029, the firm developing it said Wednesday.
The U.K. government says nuclear projects like the Hinkley Point C plant are a key part of its plans to ensure greater energy independence and achieve its “net zero” by 2050 strategy.
But a re-evaluation showed that the final bill for the plant, being built in Somerset in southwest England, could soar to up to 34 billion pounds in 2015 prices — or 43 billion pounds in current value, French energy giant EDF said…………………………………. https://abcnews.go.com/Business/wireStory/uks-flagship-nuclear-plant-cost-59-billion-developer-106635464
As Trump looms, top EU politician calls for European nuclear deterrent
Center-right leader Manfred Weber says EU needs to prepare for war without US help and must build its own atomic shield.
Politico, BY JAKOB HANKE VELA AND NICOLAS CAMUT, JANUARY 25, 2024
Facing the potential return of Donald Trump to the White House, the head of the EU’s biggest political grouping is calling for Europeans to prepare for war without support from the United States and to build its own nuclear umbrella.
Manfred Weber, leader of the center-right European People’s Party (EPP) — currently tipped to come first in the European Parliament election in June — described Trump and Russian President Vladimir Putin as “the two who set the framework” for 2024.
Trump’s seemingly imminent coronation as Republican presidential contender after wins in Iowa and New Hampshire have spooked Europe, where he is remembered as a NATO skeptic, accusing EU countries of not paying their way and threatening not to come to Europe’s defense if it were attacked………………………………………… more https://www.politico.eu/article/europe-nuclear-warfare-detterence-manfred-weber-vladimir-putin-ukraine-russia-war/
Chris Hedges: The Four Horsemen of Gaza’s Apocalypse
Biden has always been an ardent militarist — he was calling for war with Iraq five years before the U.S. invaded.
Blinken, along with Biden, lobbied for the invasion of Iraq
Sullivan, Biden’s national security advisor, and McGurk, are consummate opportunists, Machiavellian bureaucrats who cater to the reigning centers of power, including the Israel lobby.
Joe Biden relies on advisors who view the world through the prism of the West’s civilizing mission to the “lesser breeds” of the earth to formulate his policies towards Israel and the Middle East.
By Chris Hedges ScheerPost 21 Jan 24
Joe Biden’s inner circle of strategists for the Middle East — Antony Blinken, Jake Sullivan and Brett McGurk — have little understanding of the Muslim world and a deep animus towards Islamic resistance movements. They see Europe, the United States and Israel as involved in a clash of civilizations between the enlightened West and a barbaric Middle East. They believe that violence can bend Palestinians and other Arabs to their will. They champion the overwhelming firepower of the U.S. and Israeli military as the key to regional stability — an illusion that fuels the flames of regional war and perpetuates the genocide in Gaza.
In short, these four men are grossly incompetent. They join the club of other clueless leaders, such as those who waltzed into the suicidal slaughter of World War One, waded into the quagmire of Vietnam or who orchestrated the series of recent military debacles in Iraq, Libya, Syria and Ukraine. They are endowed with the presumptive power vested in the Executive Branch to bypass Congress, to provide weapons to Israel and carry out military strikes in Yemen and Iraq. This inner circle of true believers dismiss the more nuanced and informed counsels in the State Department and the intelligence communities, who view the refusal of the Biden administration to pressure Israel to halt the ongoing genocide as ill-advised and dangerous.
Biden has always been an ardent militarist — he was calling for war with Iraq five years before the U.S. invaded. He built his political career by catering to the distaste of the white middle class for the popular movements, including the anti-war and civil rights movements, that convulsed the country in the 1960s and 1970s. He is a Republican masquerading as a Democrat. He joined Southern segregationists to oppose bringing Black students into Whites-only schools. He opposed federal funding for abortions and supported a constitutional amendment allowing states to restrict abortions. He attacked President George H. W. Bush in 1989 for being too soft in the “war on drugs.” He was one of the architects of the 1994 crime bill and a raft of other draconian laws that more than doubled the U.S. prison population, militarized the police and pushed through drug laws that saw people incarcerated for life without parole. He supported the North American Free Trade Agreement, the greatest betrayal of the working class since the 1947 Taft-Hartley Act. He has always been a strident defender of Israel, bragging that he did more fundraisers for the American Israel Public Affairs Committee (AIPAC) than any other Senator.
“As many of you heard me say before, were there no Israel, America would have to invent one. We’d have to invent one because… you protect our interests like we protect yours,” Biden said in 2015, to an audience that included the Israeli ambassador, at the 67th Annual Israeli Independence Day Celebration in Washington D.C. During the same speech he said, “The truth of the matter is we need you. The world needs you. Imagine what it would say about humanity and the future of the 21st century if Israel were not sustained, vibrant and free.”
The year before Biden gave a gushing eulogy for Ariel Sharon, the former Israeli prime minister and general who was implicated in massacres of Palestinians, Lebanese and others in Palestine, Jordan and Lebanon — as well as Egyptian prisoners of war — going back to the 1950s. He described Sharon as “part of one of the most remarkable founding generations in the history not of this nation, but of any nation.”
Continue readingBerkshire nuclear defence workers strike
Planet Radio 24 Jan 24
Workers at the Atomic Weapons Establishment (AWE) at Aldermaston and Burghfield are on a 24-hour strike after two months of other forms of industrial action in a dispute over pay.
Action short of a strike started in mid-November and will re-commence on Thursday January 25. ……………………………………….https://planetradio.co.uk/greatest-hits/berkshire-north-hampshire/news/workers-awe-aldermaston-burghfield-strike/
Israel minister renews call for striking Gaza with ‘nuclear bomb’
Israel’s far-right Heritage Minister Amichai Eliyahu today renewed his call for striking the Gaza Strip with a “nuclear bomb.”
“Even in The Hague they know my position,” the Times of Israel newspaper quoted Eliyahu as saying during a tour of the occupied West Bank city of Hebron, in reference to his previous call for using nuclear weapons in the Gaza Strip.
In November, Eliyahu said dropping a “nuclear bomb” on the Gaza Strip is “an option.”
The hardline minister also called for encouraging Gaza’s population to leave the enclave.
During the two-day public hearing at the International Court of Justice (ICJ) on 11-12 January, South Africa quoted extremist Israeli politicians, including Prime Minister Benjamin Netanyahu, who have time and again called for erraticating Palestinians, resettling Gaza and blocking the establishment of a Palestinian state, as evidence that Tel Aviv is committing genocide in the Gaza Strip.
France presses UK to help fill multibillion-pound hole in nuclear projects
Call comes day after EDF flagged more delays of construction of power plant at Hinkley Point
Sarah White in Paris and Jim Pickard and Rachel Millard in London, 25 Jan 24, https://www.ft.com/content/3320c06e-7ce3-4a6b-ab22-4b8201a4cfca
The French government is pressing the UK to help plug a multibillion-pound hole in the budget of nuclear power projects being built in Britain by France’s electricity operator EDF. The call for a contribution from the UK is likely to cause tensions between Paris and London, a day after state-owned EDF admitted its construction of a new nuclear power station at Hinkley Point in Somerset would suffer further costly delays, taking the bill to as much as £46bn. The UK has said it will not put cash into the project, which counts EDF as a majority shareholder, and is already backed by a government guarantee on its revenues once it is up and running.
But Paris is pushing for a “global solution” that would also encompass funding issues at another planned UK plant, Sizewell C, said a French economy ministry official and another person close to the talks. “It’s a Franco-British matter,” the French economy ministry official said. “The British government cannot at the same time say EDF has to figure it out alone on Hinkley Point and at the same time ask EDF to put money into Sizewell. We’re determined to find a global solution to see these projects through.”
Sizewell in Suffolk has a different financial set-up to Hinkley. The UK this week said it would inject another £800mn of state funds, bringing its total contribution to £2.5bn at the £20bn plant, where it is the top shareholder. Its partner EDF has no obligation to put more money in. French officials said discussions on various options had begun several months ago with British counterparts, although they acknowledged London had flagged budgetary constraints that would have to be taken into account. In the UK, a government official played down the talks, adding that on Hinkley Point: “Costs will be the responsibility of EDF.”
An EDF executive told the BBC on Wednesday that the French company picks up “the tab for the cost overruns”. EDF on Tuesday warned Hinkley Point would not now be completed until 2029 at the earliest, four years later than its original start date, while the two reactors could cost up to £46bn to build at today’s prices, compared with a £18bn budget in 2016.
Other factors might play into the discussions, however. Under Prime Minister Rishi Sunak, Britain took the political initiative to eject Chinese group CGN as an investor in Sizewell — leaving that project in need of fresh private capital, but also prompting CGN to pull back from Hinkley, where it is a 33.5 per cent shareholder. The Chinese group has fulfilled its contracted payments on Hinkley but has no obligation to fund over-costs and stopped doing so a few months ago.
“The French don’t have many levers here but the CGN issue is a very real one,” a third person close to the talks said. Finding private investors to make up the Hinkley shortfall may be tough, several people close to the group said, although formulas such as state guarantees could be discussed. EDF is only just coming out of a period of financial turmoil, and has big investments to make at home, too, in the coming decades. It was fully renationalised last year
“Our goal here . . . is for what’s happening at Hinkley Point, with the delays and the issue with the Chinese partner’s decision, not to impact EDF’s financial trajectory excessively,” the French economy ministry official said. However, one UK nuclear industry figure said that EDF’s plight at Hinkley was the consequence of signing up to a deal with the UK government a decade ago, which at the time was criticised for being too generous to the French group. Under a so-called contract for difference signed with the state, construction costs are not covered but future electricity production is backed up by subsidies in case power prices fall below a certain threshold.
UK nuclear plant hit by new multiyear delay and could cost up to £46bn.
Britain’s flagship Hinkley Point C nuclear plant has been delayed until
2029 at the earliest, with the cost spiralling to as much as £46bn, in the
latest blow to a project at the heart of the country’s long-term energy
plans.
The surging bill and slipping schedule, announced on Tuesday by the
French state-owned operator and constructor EDF, will put pressure on the
UK government to provide extra financial support for the project.
EDF, which has also experienced long delays on recent parallel projects in
Finland and France that use the same reactor technology, blamed the latest
problems at Hinkley in Somerset on the complexity of installing
electromechanical systems and intricate piping. Hinkley was previously
delayed due to construction disruption during Covid pandemic.
Under EDF’s latest scenario, one of the two planned reactors at Hinkley Point C could
be ready in 2029, a two-year hold-up compared with the company’s previous
estimate of 2027. But it could be further delayed to 2031 in adverse
conditions, EDF said. It did not give an estimate for the second reactor.
EDF said the cost would now be between £31bn-£35bn based on 2015 prices,
depending on when Hinkley Point C was completed.
In today’s prices, the cost would balloon to as much as £46bn. The initial budget was £18bn, with a scheduled completion date of 2025. Alison Downes of Stop Sizewell C, a
campaign group opposed to the planned Suffolk nuclear plant, said EDF was
an “unmitigated disaster”. She added the UK government should cancel
Sizewell C, saying state funding for the project could be better spent on
“renewables, energy efficiency or, in this election year, schools and
hospitals”.
FT 23rd Jan 2024
https://www.ft.com/content/1157591c-d514-4520-aa17-158349203abd
EDF’s UK Hinkley Nuclear Costs Balloon as Plant Delayed Again
Francois de Beaupuy, Bloomberg News, Jan 23, 2024
(Bloomberg) — Electricite de France SA’s nuclear project at Hinkley Point in the UK will cost as much as £10 billion ($13 billion) extra to build and take several years longer than planned, the latest in a series of setbacks for the budget and timetable of the country’s largest energy project.
EDF now expects the two reactors it’s building in southwest England to cost between £31 billion and £35 billion in 2015 terms, the French energy company said in a statement on Tuesday. That’s up from an estimate of £25 billion to £26 billion in 2022, and is the fifth budget increase in eight years. At today’s prices, the project would cost as much as £46 billion, according to the Bank of England’s inflation calculator. …………………
The UK is struggling to get its huge nuclear program off the ground. The government is aiming for as much as 24 gigawatts of capacity by 2050 and will have to accelerate rapidly to achieve that. Hinkley Point will be the first new atomic station to start generating in Britain since 1995. Construction of complex nuclear plants is notoriously slow, and the cost overruns and delays at Hinkley may damp investor enthusiasm for the sector…………………………………..
The setback comes just one day after the UK government pledged to invest an additional £1.3 billion in EDF’s second UK project at Sizewell C. Ministers are hoping the commitment will attract enough private capital to make a final investment decision this year and make progress toward its ambitious 2050 target.
EDF was already struggling with the budget for Hinkley after China General Nuclear Power Corp, its partner in the project, stopped funding, potentially leaving the French company to foot the bill until it is completed. The government-owned French company will also have to spend tens of billions of euros on new atomic plants at home in the coming decades.
Hinkley Point C is not a French government project and so any additional costs or schedule overruns are the responsibility of EDF and its partners and will in no way fall on taxpayers, said a spokesperson for the UK Department for Energy Security and Net Zero.
…….. EDF’s current fleet of five nuclear plants is scheduled to shrink to just three by the end of 2026. Last year, output slumped to the lowest in more than four decades.
While rising costs of metals, cement and labor are affecting industries including large offshore wind projects, the revised plan may revive a controversy over how expensive the technology is and whether further delays are inevitable. Still, the UK government said this month that the country will build another large-scale nuclear power plant, beyond current projects led by EDF.
t’s not the first time Hinkley has ballooned beyond its budget. EDF increased its estimates in 2017, 2019, 2021, and 2022 from an initial estimate of £18 billion when the contract was signed with the UK in 2016.
At the start of the project, the French utility expected the first unit to start by the end of 2025. However, Brexit, the Covid pandemic and the war in Ukraine have disrupted supply chains and boosted the cost of labor and essential materials like steel and cement.
“Going first to restart the nuclear construction industry in Britain after a 20-year pause has been hard,” said Stuart Crooks, Managing Director for Hinkley Point C. https://www.bnnbloomberg.ca/edf-s-uk-hinkley-nuclear-costs-balloon-as-plant-delayed-again-1.2025542
CAMPAIGNERS opposing the development of nuclear power in Bradwell-on-Sea say they believe ‘new nuclear’ in the area “remains dead in the water”.
Blackwater Against New Nuclear Group (BANNG) has been fighting its cause for 15 years.
On January 11, the Government released its Civil Nuclear: Roadmap to 2050.
BANNG claims it means the original eight government-listed coastal sites, including Bradwell, are no longer the only sites earmarked for nuclear deployment.
They say new nuclear power stations will only be sited in “suitable locations” identified by developers based on a set of criteria.
BANNG chairman Professor Andy Blowers said: “This new approach to siting effectively rules Bradwell out of any further consideration.
“As we have strenuously demonstrated over the last 15 years, Bradwell is a most unsuitable site and the Blackwater communities are overwhelmingly opposed to nuclear development in such a fragile location, increasingly vulnerable to the impacts of climate change.”
He added: “BANNG welcomes the effective delisting of the Bradwell site. Delisting is something we have insisted on since the list was first compiled more than a decade ago.
“We are at a loss to understand what ‘certain advantages’ can conceivably be attributed to the site.
“Rather as the myriad evidence accumulated and published over the years shows, Bradwell is a wholly unsuitable and unsatisfactory site for the development of nuclear power at whatever scale and capacity.”
A BANNG spokesman said: “A major problem is the vulnerability of the site to flooding, and to storm surges and coastal processes that are intensifying as the impacts of climate change begin to take hold on this fragile coastline
They added: “There are other significant reasons why Bradwell should be off the Nuclear Road Map.
“The Blackwater area has precious environments in land, sea and sky which are protected, conserved and significant.
“The intrusion of a mega power station or a cluster of smaller reactors would prove intrusive, polluting and detrimental to habitats and to human wellbeing.
“Further, there would be dangerous highly radioactive wastes stored on the site for future generations to cope with, along with all the other problems of climate change.
“Above all, the communities around the Blackwater have over the years overwhelmingly declared against new nuclear development at the Bradwell site.
“New nuclear is not welcome here.”
1 This Month
23-25 October – on Zoom – World BEYOND War’s annual global conferenc
Shut down the radiation-damaged Heysham nuclear reactors now
To see nuclear-related stories in greater depth and intensity – go to https://nuclearinformation.wordpress.com
Say No to NASA’s Reckless Nuclear Reactor on the Moon
Say No to NASA’s Reckless Nuclear Reactor on the Moon
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