UK government plans to extend life of EDF’s nuclear plants.
May 21, 2012 Nuclear
Guardian: “In a move which could have far-reaching implications for the government’s energy policy, the Office for Nuclear Regulation has told the Guardian that it is working with the country’s dominant nuclear operator, the French-owned company EDF, to extend the life of its eight nuclear power stations in the UK, and that it is “content for the plants to continue to operate”, as long as they pass regular safety tests ….the first power stations which could be submitted for another periodic safety review (PSR) to remain open beyond their planned closure were Hinkley B in Somerset and Hunterston B in Ayrshire, both of which were due to shut down in approximately 2016. / The company has said it wants to extend the life of seven of its plants for an average of seven years, a figure it has already raised from five years and which could increase again if EDF decided it was commercially viable to keep them open longer. ….The floor price gives low-carbon energy producers like nuclear, as well as renewable companies, an advantage by making fossil fuel burners who run coal and gas plants pay a minimum amount for each unit of carbon produced from their power stations. / The policy, announced in last year’s budget, begins in April 2013 at £15.70 per tonne of carbon – more than double the current market price.” ….Effectively the carbon price will pay the costs of the life extension, and then some,” said Burke.”