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NewsThe Committee on Climate Change has said in its renewable energy review that nuclear power remains the cheapest low carbon energy option The CCC said that nuclear power will stay the cheapest solution to growing a low carbon energy supply for at least the next 10 years. The The Committee on Climate Change report says [...]
Posts Tagged ‘Nuclear Power’
UK nuclear plans delayed after Fukushima
A decision to approve designs for Britain’s next generation of nuclear plants has been delayed for a safety review The workers at the nuclear power plant in Fukushima are still fighting to contain radiation after the earthquake and tsunami destabilised its reactors, designed with withstanding natural disasters in mind. In an attempt to incorporate any [...]
Budget 2011 introduces new carbon tax
The Chancellor, George Osborne announced yet another ‘carbon tax’ in yesterday’s budget, dubbed the ’2011 budget for growth’. This means businesses and consumers can expect higher electricity bills, as carbon-emitting coal and gas-fired plants are taxed £3.2 billion over the next 5 years. Nuclear and renewable companies should see increased profits, as the tax is [...]
Japan quake increases energy price worries
What does the catastrophic record-magnitude earthquake in Japan mean to the worldwide energy industry? With the disastrous events in Japan following the record magnitude earthquake, the country has experienced some problems with one of its nuclear power stations in Fukushima. Nuclear reactors are meant to be built to withstand seismic activity, but the plant is [...]
Renewable energy plans to be reviewed
Energy Minister Charles Hendry has spoken out on issues surrounding renewable energy and wind power. The UK Energy minister has spoken about government plans for the nation’s energy mix, with some possible changes to its approach on wind power. Speaking at Westminster Hall last week Hendry stated his support of the offshore wind power and [...]
Dash for gas expected in UK
The Energy and Climate Change Committee has warned of another possible dash for gas in a report published last week. The parliamentary committee has targeted the UK coalition government’s National Policy Statements (NPSs), designed to speed up the planning process for energy projects. The report warns that the NPSs could in fact reduce investment in [...]
Nuclear power & a new government
What is the UK Nuclear industry looking forward to under a new government? Hung Parliament & Nuclear Power Following the televised debates, polls are indicating that the chances of one party gaining enough of a majority to be elected has significantly dropped. This has led to concerns that the nuclear power plans put in place [...]
EDF profits boosted by nuclear acquisitions
The French energy giant has reported a net income of £3.4bn for the financial year. EDF, who are planning to build a number of next generation nuclear power stations in the UK, saw sales increase by 4pc to €66.3bn. EDF’s growth has been attributed to it’s acquisition of British Energy, the UK nuclear operator for [...]
Britain’s new nuclear plan given go ahead
10 new nuclear power plants are to be built, aiming for 25% nuclear energy by 2025. Energy and Climate Change Secretary Ed Miliband announced this week that new nuclear plants, combined with renewable energy and cleaner coal plants, can secure the country’s energy supply and cut its carbon and greenhouse gas emissions. With nuclear power [...]
Government report advises increase in nuclear role needed
Report published this week advises that the percentage of the UK’s energy generated from nuclear plants could double after 2030. The report, commissioned by the government, claims that the most efficient solution to lowering the UK’s depency on energy from sources such as natural gas and fossil fuels is by increasing the UK’s nuclear output [...]
