Archive for the ‘Nuclear’ Category

Solar = random desecration of the countryside: comedian.

May 22, 2013 Clean Energy, Climate, Commentaries, Gas, Nuclear

Guardian: “The comedian Griff Rhys Jones has accused the government of “random desecration” of the countryside and despoiling “pristine landscapes” through its subsidies to wind turbines and solar power.” (more…)

“Call a truce in the no-winners solar war.”

May 7, 2013 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Nuclear, Oil

Jeremy Leggett in the FT: Europe is on the brink of a trade war with China in one of the fastest-growing global industries. America and China are already engaged in battle. The job-rich and emissions-low solar photovoltaics industry is heading for severe impairment, at best.” (more…)

EDF CEO ready to quit if he can’t get his way with Hinkley Point reactor..

May 6, 2013 Nuclear

Times: “The chief executive of EDF Energy will leave Britain if the French company’s £14 billion Hinkley Point reactor project collapses.” (more…)

Top official working on EMR resigns as analyst warns HMG off gas reliance.

April 29, 2013 Clean Energy, Coal, Gas, Nuclear

Guardian: “The government’s controversial electricity market reform (EMR) programme has been dealt a serious blow with the resignation of the top civil servant working on the scheme.” (more…)

UK energy prices: most inflation is not due to green energy, but gas.

April 21, 2013 Clean Energy, Coal, Gas, Nuclear

Guardian: “The simple answer is that green energy is not costing you nearly as much as you’ve been led to believe. Yes, energy bills have soared. A new government report analysing the cost of energy and climate-change policies on the cost of energy lays the blame squarely at the feet of global gas prices, followed by network costs.” (more…)

Report urges use of gas to avoid UK energy crunch.

April 21, 2013 Clean Energy, Climate, Coal, Gas, Nuclear

FT: Closing Britain’s coal-fired power stations should continue if the government is to meet carbon cutting targets, according to a cross-party report. It argued that gas power generation could providing enough capacity to avoid an energy crunch in the next decade.” (more…)

EDF may let UK nuclear talks fail.

April 18, 2013 Nuclear

Bloomberg: “Chief Executive Officer Henri Proglio said the French utility isn’t “in a hurry” to agree with the government the so-called strike price it will receive for power produced at the planned plant at Hinkley Point in southwest England. (more…)

Support for new UK nuclear slips as indecision mounts.

April 12, 2013 Nuclear

Ipsos MORI: “The latest national face-to-face survey from Ipsos MORI shows that public support for building new nuclear power stations has fallen by eight percentage points in the last year to 42%.” (more…)

Big 6 take average £95 profit per household on dual bills.

April 12, 2013 Coal, Gas, Nuclear

Guardian: “The big six energy suppliers have been accused of “cold-blooded profiteering” after official figures showed they had more than doubled their retail profit margins over the last 18 months and were now earning an average of £95 profit per household on dual-fuel bills.” (more…)

One in five UK households now in debt to their energy supplier.

April 9, 2013 Coal, Gas, Nuclear

Guardian: “Soaring energy costs and an exceptionally cold winter have squeezed family finances to the extent that 20% of households are now in debt to their energy supplier, according to comparison website uSwitch.” (more…)

EDF “in big trouble”, French nuclear expert tells BBC: owes €39 bn.

April 8, 2013 Nuclear

Telegraph: “Mycle Schneider, a former energy adviser to the French government, questioned whether EDF could finance the investment. “EDF is in big trouble. The whole of the nuclear power industry in France is in big trouble,” he said.” (more…)

MPs and academics call for NAO to review UK nuclear negotiations.

April 6, 2013 Commentaries, Nuclear

Telegraph letter: “The Department of Energy and Climate Change and the Treasury are negotiating with the French nuclear corporation EDF about the financing of possible new nuclear in the UK. Through these negotiations, the Government is aiming to guarantee a set price for nuclear energy – a ‘strike price’. This price will be well above the market price for electricity, meaning that UK taxpayer and energy consumer will be paying the difference. This contract will be locked in for very many decades – up to 40 years.” (more…)

Japan plans radical electricity market shakeup. Only 2 reactors online.

April 2, 2013 Clean Energy, Coal, Gas, Nuclear

FT: The ten regional utilities will be split up. “Even before the Fukushima disaster prompted the shutdown of most of Japan’s nuclear plants, pushing up generating costs, electricity rates were twice those in the US and triple those in South Korea.” (more…)

UK 2012 CO2 emissions up 4.5% due to coal increase.

March 28, 2013 Climate, Coal, Gas, Nuclear

Guardian: The UK’s emissions of climate-warming gases surged in 2012 as cheap coal replaced gas in power stations.” (more…)

Renewable energy providers to pay back-up costs for UK nuclear.

March 27, 2013 Clean Energy, Nuclear

Guardian: “The row over subsidies for the UK’s new nuclear power stations has deepened after it emerged that the £160m-a-year cost of accommodating the giant reactors on the national electricity grid will be borne by all generators, including renewable energy providers.” (more…)

UK government now has 2030 as target for new nuclear.

March 26, 2013 Nuclear

Telegraph: “In a Nuclear Industrial Strategy report it said it now hoped the new reactors at five sites around the country would be developed “by 2030”. The Government also gave the first official confirmation that the costs of the first proposed new plant, at Hinkley Point in Somerset, have risen to as much as £14bn.” (more…)

UK nuclear subsidies flout EU rules, lawyers say.

March 20, 2013 Nuclear

Reuters: “Britain’s plans to reward nuclear plant operators through fixed prices for low-carbon energy are illegal under existing EU rules and efforts to adapt them are likely to draw opposition from other member states, EU and legal sources said.” (more…)

EDF gets UK nuclear planning go ahead.

March 19, 2013 Nuclear

Guardian: “Plans for the first new nuclear power station for nearly a generation in the UK have got the go-ahead from the energy secretary, who has said he is granting planning consent.” (more…)

EDF drops civil lawsuit against activists in face of public pressure.

March 13, 2013 Climate, Gas, Nuclear

Guardian: “The energy company EDF has dropped a £5m civil lawsuit against a group of 21 activists who occupied one of its  gas-fired power plants for a week in October 2012, in a move described by supporters of the demonstrators as a “humiliating climbdown”.” (more…)

French police search the office of EDF’s CEO in German shares probe.

March 1, 2013 Nuclear

Reuters: “French police have searched the office of EDF Chief Executive Henri Proglio as part of a German investigation into the 2010 purchase of EDF’s stake in utility EnBW by the state of Baden-Wuerttemberg, a source close to the matter said.” (more…)

Operator of delayed Olkiluoto reactor is running out cash.

February 27, 2013 Nuclear

TVO press release:  “TVO is now asking its shareholders to inject additional 300 million euros into the company.” (more…)

RWE boss warns UK government against nuclear subsidies (for EDF).

February 20, 2013 Nuclear

Guardian:”RWE npower, one of the big six power suppliers, has warned ministers not to seal a long-term subsidy deal with the nuclear industry behind the backs of consumers and saddle them with “unnecessarily high bills” for the next 40 years.” (more…)

EDF confirms it is pressuring UK ministers for 40 year subsidies.

February 19, 2013 Nuclear

Guardian: “The French-owned company is in talks with ministers over “contracts for difference” funding, under which the government guarantees generators will be paid a minimum price for electricity from new nuclear plants: if the market price falls lower than this “strike price” then a surcharge will be added to customers’ bills; if it rises higher there would be a refund.” (more…)