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biffvernon
Joined: 24 Nov 2005
Posts: 18539
Location: Lincolnshire
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 Posted: Tue Feb 19, 2013 1:13 pm Post subject: Government U-turn on nuke subsidies |
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| Quote: | The government is launching a last-ditch attempt to sign up energy companies to build new nuclear power stations by proposing to sign contracts guaranteeing subsidies for up to 40 years.
The coalition agreement reached between the Conservatives and Liberal Democrats in 2010 promised that nuclear power stations would be built only if the industry got no public subsidy, but costly overruns for new reactors overseas and the exit of several major utilities from the UK programme, most recently Centrica, have driven ministers and officials to backtrack on that pledge and accept they will have to provide financial support.
The Guardian has learned that ministers, intent on keeping the guaranteed wholesale cost of each unit of energy below the politically crucial figure of 100 per megawatt hour, are proposing to extend contracts from the 20 years originally envisaged to at least 30 and possibly as long as 40 years. |
http://www.guardian.co.uk/environment/2013/feb/18/nuclear-power-ministers-reactor
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emordnilap
Joined: 05 Sep 2007
Posts: 14596
Location: Houǝsʇlʎ' ᴉʇ,s ɹǝɐllʎ uoʇ ʍoɹʇɥ ʇɥǝ ǝɟɟoɹʇ' pou,ʇ ǝʌǝu qoʇɥǝɹ˙
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| Posted: Tue Feb 19, 2013 3:12 pm Post subject: |
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I assume you're not surprised?
It is impossible to make a profit from nuclear power. It's not why it's there.
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Blue Peter
Joined: 24 Nov 2005
Posts: 1939
Location: Milton Keynes
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| Posted: Tue Feb 19, 2013 3:16 pm Post subject: |
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Is this panic?
Peter.
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JohnB
Joined: 22 May 2006
Posts: 6456
Location: Beautiful sunny West Wales!
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RenewableCandy
Joined: 12 Sep 2007
Posts: 12669
Location: York
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| Posted: Fri Mar 22, 2013 1:48 pm Post subject: |
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EU wades in!
| Quote: | A leading EU lawyer, backed by the Vice Chair of the European Group of Green MEPs, has declared the British plan to subsidise nuclear power as 'illegal'.
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I can't find the Reuters article he quotes, though.
Oh, and Sellafield is "on ice" due to snow (says Beeb News).
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biffvernon
Joined: 24 Nov 2005
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Location: Lincolnshire
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JohnB
Joined: 22 May 2006
Posts: 6456
Location: Beautiful sunny West Wales!
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| Posted: Fri Mar 22, 2013 6:05 pm Post subject: |
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Another reason to get out of the EU! I dread to think where we'd be without the EU, and the very slightly moderating influence of the Lib Dems.
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kenneal - lagger
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Joined: 20 Sep 2006
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Location: Newbury, Berkshire
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| Posted: Fri Mar 22, 2013 6:48 pm Post subject: |
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If nuclear requires subsidy in the UK and it is illegal, how are they getting away with it on the continent?
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RenewableCandy
Joined: 12 Sep 2007
Posts: 12669
Location: York
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| Posted: Fri Mar 22, 2013 7:08 pm Post subject: |
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Reuters piece: http://uk.reuters.com/article/2013/03/21/uk-eu-uk-nuclear-idUKBRE92K0WL20130321
| Quote: | The proposals are being assessed by the British parliament but the subsidy instruments, named contracts-for-difference (CfDs), will also require approval from the European Commission, the EU executive, under state aid rules.
"Neither under the current (...) nor under possible future frameworks could the CfD scheme for nuclear generators be declared compatible with European state aid rules," said Doerte Fouquet, a lawyer specialised in EU law at Becker Buettner Held in Brussels. |
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clv101
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| Posted: Fri Mar 22, 2013 7:24 pm Post subject: |
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| kenneal - lagger wrote: | | If nuclear requires subsidy in the UK and it is illegal, how are they getting away with it on the continent? |
Indeed, I don't think we need to read too much into this legal comment. The UK has one of the most open, free-market energy systems in the world (to our cost).
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RenewableCandy
Joined: 12 Sep 2007
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Location: York
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| Posted: Fri Mar 22, 2013 7:39 pm Post subject: |
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| kenneal - lagger wrote: | | If nuclear requires subsidy in the UK and it is illegal, how are they getting away with it on the continent? |
Parce qu'on est Francais.
Next question please.
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