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Consultancy firm KPMG on 7 July released a report on nuclear energy market consultation, which discusses the conditions under which market parties are prepared to invest in NPPs in the Netherlands, what public support is required for this, and which regions are interested in establishing a nuclear plant. The 151-page report was compiled at the request of the House of Representatives in response to a motion by Klaas Dijkhoff put forward in September 2020. KPGM began work on the study on 8 February this year.
- Source: NEI Magazine
- Date: Thursday, 15 July 2021
- Original article: neimagazine.com/news/newskpmg-looks-at-feasibility-of-newbuild-in-netherlands-8893831
The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.
- Source: World Nuclear News
- Date: Friday, 15 January 2021
- Original article: world-nuclear-news.org/Articles/The-real-challenges-to-nuclear-are-external,-says
The UK is facing a major challenge to replace its aging fleet of Generation I nuclear power plants, many of which are scheduled to shut down in 2023.
The project by French state utility EDF to build two Generation III EPR units at Hinkley Point C in Somerset is on track for connection to the grid by 2025. Once in commercial operation the two units will provide up to 7% of the total electricity demand. Two similar units are planned for the Sizewell site in Suffolk.
However, press reports have suggested EDF is in “a race against time” to secure a funding deal for Sizewell C as delays risk making the project prohibitively expensive.
According to The Times newspaper EDF has hired Rothschild as financial adviser for the project and says it wants a “definitive way forward” from the government this year so it can start construction in 2022.
- Source: Nucnet
- Date: Friday, 17 January 2020
- Original article: nucnet.org/news/what-lies-in-store-in-2020-1-4-2020