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The UK has opened for consultation its assessment of a new financing model aimed at reducing the cost of new nuclear power plant projects by having consumers pay upfront through their energy bills. A solution is needed urgently because nuclear energy is seen as a vital part of the government's commitment to cutting the country's carbon emissions to net zero by 2050. Seven of the UK’s eight existing nuclear plants are set to be retired by 2030.

Date: Tuesday, 23 July 2019
Original article: world-nuclear-news.org/Articles/UK-considers-Regulated-Asset-Base-model-to-finance

The UK has opened for consultation its assessment of a new financing model aimed at reducing the cost of new nuclear power plant projects by having consumers pay upfront through their energy bills. A solution is needed urgently because nuclear energy is seen as a vital part of the government's commitment to cutting the country's carbon emissions to net zero by 2050. Seven of the UK’s eight existing nuclear plants are set to be retired by 2030.

Date: Tuesday, 23 July 2019
Original article: world-nuclear-news.org/Articles/UK-considers-Regulated-Asset-Base-model-to-finance

The UK upper house of parliament, the House of Lords, on 20 March voted by 265 to 194 to insist the UK should not withdraw from the European nuclear agreement, Euratom, until a replacement deal is in place. They also supported a plan which would require the UK to report to Parliament regularly on its future arrangements with Euratom. The government, which does not have a majority in the upper house, was defeated by 50 votes on this issue after cross-benchers joined forces with Labour and Liberal Democratic peers to insist on specific assurances over research and development collaboration and the movement of qualifying nuclear material. However, MPs are expected to try and reverse these changes to the Nuclear Safeguards Bill when it returns to the House of Commons (lower house).

Date: Thursday, 22 March 2018
Original article: neimagazine.com/news/newsuk-government-defeated-in-house-of-lords-on-plans-to-leave-euratom-6091972

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