Re: Nuclear Madness
 

I stand by this.

On reason I supported brexit was EU procurement rules. In our new world we will be able to procure it properly.

Re: Nuclear Madness
 

It's always a stand off situation. Neither party wants to flinch. EDF will probably have bonds in place that would be called if they did not proceed so I'm sure they have approved in on the bet that the gov will cancel it. Which I'm sure they will.

Re: Nuclear Madness
 

looking at the huge delays and spiraling costs of the existing EPR's in France and Finland, cancellation will be the best thing for all.

Re: Nuclear Madness
 

Some of the reasons:

Energy Efficiency
Since Hinkley C was approved in 2010, UK electricity demand has fallen by more than the plant will produce. According to a McKinsey report for the UK government, by 2030 (when Hinkley is likely to go into commercial operation), 6 times Hinkley's output could be cut from UK demand.

Wind Turbines
Since 2010 wind power generation equivalent to Hinkley's output has been added to the national grid. Onshore wind power cost has dropped 20% in the last 5 years; offshore wind power costs is falling and is likely to fall below the "strike price" for Hinkley well before 2030.

Solar Power
Solar electricity cost has fallen by 50% in the last five years, and is now cheaper than Hinkley. Solar panels equivalent to 1/3 of Hinkley's output have been added since 2010, 50% of those in just 18 months.

Interconnections
1/3 of Hinkley's output has been added to the UK grid since 2010 by new cables to other European countries, where electricity is currently cheaper. Power equivalent to another 2 to 3 Hinkleys could be available by 2025.

Storage and Flexibility
Power equivalent to 4 Hinkleys could be saved by electricity storage, saving huge costs to boot.

Re: Nuclear Madness
 

In the eight years since Hinkley negotiations started, renewables have been transformed. Offshore wind, once ruinously expensive, is now around 20% cheaper than nuclear power in Denmark; solar is so cheap it can be sold in supermarkets; tidal power is limitless and emerging; and energy saving, the Cinderella of the energy world, has proved itself the cheapest way to cut energy costs. All could flourish once the yoke of the giant Hinkley project is lifted.

https://www.theguardian.com/uk-news/...r-than-rethink

Re: Nuclear Madness
 

If commissioned the UK would lock itself into a trajectory of expensive energy and an ongoing, long term reliance on European technical partners.

However the UK does need new energy infrastructure and eventually they will run out of time and have to commit even if the course isn't the right one for the UK.

Re: Nuclear Madness
 

or just build a load of CCGTs (quicker and cheaper) and start fracking.

Re: Nuclear Madness
 

So Mrs May is basically telling the Chinese to get the ***** off our national infrastructure by practically cancelling the project? :sneaky:

Who can really argue with this? Never trust the Chinese. Devious bastards. The ordinary people? They're fine. The normal companies doing normal trade? They're fine. State owned companies working on critical infrastructure schemes? :eek:

Re: Nuclear Madness
 

Built by the Chinese and run by the French, what could possibly go wrong? :sarcasm:

Re: Nuclear Madness
 

It could be built by the French and run by the Chinese.

Re: Nuclear Madness
 

But most likely Built by Polish and run by Polish!

Re: Nuclear Madness
 

Iggles,

There's a fellow on here named Scot47 or something like that.

Have you met him yet?

If you haven't, he is what you are going to be in 30 years.

:sneaky:

Re: Nuclear Madness
 

Is that a good thing or a bad thing....I don't wanna be fat and bald.

Re: Nuclear Madness
 

I think the Ukrainians still hold the record for people who shouldn't be running nuclear reactors.

Re: Nuclear Madness
 

The Japs did their very best to topple that.