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The UK government should develop a Regulated Asset Base (RAB) model for financing new nuclear power projects and support the deployment by 2030 of small modular reactors, the Confederation of British Industry (CBI) has recommended. The recommendations are among the actions the CBI has set out for any future government to help the country achieve its target of net-zero emissions by 2050.
- Source: World Nuclear News
- Date: Tuesday, 05 November 2019
- Original article: world-nuclear-news.org/Articles/UK-business-group-calls-for-action-on-new-nuclear
Hinkley Point C mock-up. Courtesy EDF. French state-controlled utility EDF has raised its estimate of the cost of completing the Hinkley Point C nuclear power station under construction in Somerset, southwest England.
EDF said in a statement that it had performed a review of the project’s progress and completion costs are now expected to be between £21.5bn (€24.3bn, $26.7bn) and £22.5bn, which means an increase of £1.9bn to £2.9bn compared to previous estimates.
“Cost increases reflect challenging ground conditions which made earthworks more expensive than anticipated, revised action plan targets and extra costs needed to implement the completed functional design, which has been adapted for a first-of-a-kind application in the UK context”, EDF said.
EDF Energy, the UK arm of EDF, is building two 1,600-MW EPR units at Hinkley Point C. Preparatory work onsite has been underway since a final agreement on the project was signed in September 2016 by EDF, China’s CGN and the UK government.
- Source: Nucnet
- Date: Thursday, 26 September 2019
- Original article: nucnet.org/news/edf-increases-final-cost-estimates-by-up-to-gbp2-9bn-9-3-2019
The world's largest crane is ready to start work at the site of the Hinkley Point C (HPC) nuclear power plant under construction in Somerset, England, EDF Energy has announced. Able to stand up to 250 metres high, 'Big Carl' can reach higher than the tallest tower at London’s Canary Wharf and can carry 5000 tonnes in a single lift, the company said.
- Source: World Nuclear News
- Date: Tuesday, 17 September 2019
- Original article: world-nuclear-news.org/Articles/Hinkley-Point-C-receives-worlds-biggest-crane
Policymakers need to understand that the system costs of variable renewable energy (VRE) necessitate the inclusion of nuclear and hydro as the primary dispatchable low-carbon generation options within a clean electricity mix. Representatives of the International Energy Agency (IEA) and the OECD Nuclear Energy Agency (NEA) told delegates at World Nuclear Association Symposium 2019 in London last week that the issue of system costs was no longer a novelty, but an increasingly important topic in the fight against climate change.
- Source: World Nuclear News
- Date: Monday, 09 September 2019
- Original article: world-nuclear-news.org/Articles/System-costs-prove-need-for-nuclear-in-clean-power
The Nuclear Decommissioning Authority (NDA) on 3 September took ownership of Magnox Ltd, which is responsible for the cleanup of 12 nuclear sites and operation of one hydroelectric plant in the UK.
- Source: NEI Magazine
- Date: Friday, 06 September 2019
- Original article: neimagazine.com/news/newsuk-nda-takes-over-magnox-7400384
The UK government's legally binding target for 'net-zero' emissions by 2050 is "undeliverable" unless clean growth policies are introduced, according to a parliamentary report published today by the cross-party science and technology committee.
- Source: World Nuclear News
- Date: Wednesday, 28 August 2019
- Original article: world-nuclear-news.org/Articles/UK-needs-policy-action-to-meet-net-zero-target,-re
The UK government's legally binding target for 'net-zero' emissions by 2050 is "undeliverable" unless clean growth policies are introduced, according to a parliamentary report published today by the cross-party science and technology committee.
- Source: World Nuclear News
- Date: Thursday, 22 August 2019
- Original article: world-nuclear-news.org/Articles/UK-needs-policy-action-to-meet-net-zero-target,-re
Boris Johnson expressed his "passionate" support for nuclear power when he addressed the House of Commons for the first time as UK prime minister yesterday. Seven of the country’s eight existing nuclear plants are set to be retired by 2030, while new-build projects have faced financial uncertainty over the last two years.
- Source: World Nuclear News
- Date: Friday, 26 July 2019
- Original article: world-nuclear-news.org/Articles/UKs-new-premier-promises-boost-for-nuclear-power
UK-based engineering company Atkins, a member of SNC-Lavalin Group, has been awarded a GBP5.0 million (USD6.2 million) contract for the enabling works basic design at the Sizewell C site. It will be the first programme of construction work to start at the proposed twin-EPR nuclear power plant in Suffolk, England.
- Source: World Nuclear News
- Date: Thursday, 25 July 2019
- Original article: world-nuclear-news.org/Articles/Atkins-contracted-for-Sizewell-C-preparatory-work
The UK obtained 19% of its primary energy from low-carbon sources last year, with 39% of this from nuclear power, but this was 7% lower than in 2017 due to outages at Dungeness B and Hunterston B towards the end of 2018, official statistics published today show. Nuclear capacity was broadly the same as in 2017, at 9.3 GW.
- Source: World Nuclear News
- Date: Thursday, 25 July 2019
- Original article: world-nuclear-news.org/Articles/Nuclear-remains-UKs-main-low-carbon-energy-source