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Lower supply, higher demand, and poor wind performance led to record increases in power spot pricesThe UK nuclear reactor fleet will almost entirely shut down by 2030, curbing low-carbon generation capacityThere has been a positive shift in opinions of the role nuclear can play At at least 10 GW of new nuclear needed by mid-2030s in the UK, and possibly an additional 20 GW to meet net-zero in 2050
NucNet: The Nuclear Industry Association has been warning policymakers about the risks of energy supply based largely on renewables and natural gas. Power prices in Europe have increased to unsustainably high levels in recent months, sparking an energy crisis in many countries, especially the UK. Perhaps you can tell us why this has happened?
- Source: Nucnet
- Date: Tuesday, 12 October 2021
- Original article: nucnet.org/news/what-we-have-been-warning-of-for-a-very-long-time-has-happened-10-1-2021
Hiroaki Nakanishi, chairman and CEO of Hitachi, said on 30 January that the setbacks experienced by EDF in developing the Hinkley Point C nuclear power plant in the UK raised questions about how future NPPs, including its GBP14bn ($19.9bn) Wylfa Newydd project on Anglesey are to be funded.
- Source: NEI Magazine
- Date: Monday, 01 February 2016
- Original article: neimagazine.com/news/newsuncertainty-over-hinkley-point-echoed-by-hitachi-4798508
Rolls-Royce has announced plans to collaborate with EDF Energy, the UK business of the French utility group, on programmes that will initially support the construction of four new nuclear power plants in the UK. The agreement covers engineering and technical support during both the pre and post construction phases. In addition, joint development, validation and supervision of the supply chain, together with the potential for the provision of nuclear related systems, will be explored.
- Source: NEI Magazine
- Date: Friday, 18 September 2009
- Original article: neimagazine.com/news/newsrolls-royce-joins-up-with-edf