U.K. Seen Doubling Power Price To Guarantee New Reactor: Energy
I am not in any way anti nuclear but doubling the strike price just to cover the so far intangible cost of these reactors is taking the piss.The future of the U.K.’s nuclear industry will be decided on one number: the price the government’s willing to guarantee Electricite de France SA will get for generating atomic power.EDF and government officials will negotiate the so-called strike price for new nuclear power plants by the end of the year. To ensure the Paris-based utility makes a final decision on a new reactor in southwest England, the U.K. must set a price between 95 pounds ($148) and 105 pounds a megawatt-hour in 2020, double the level power trades at today, according to Bloomberg.
Britain, trying to replace aging plants and cut carbon dioxide emissions, is one of just three western European countries still pursuing plans for new nuclear stations following the Fukushima disaster last year. Safety enhancements have contributed to rising nuclear costs, leading to concern U.K. consumers may pay too much for new reactors.
“Discussions are happening in smoke-filled rooms, over champagne and croissants, to establish a price that we will all pay,” said Ian Marchant, chief executive officer of the U.K.’s second-largest energy supplier SSE Plc (SSE), which dropped plans to develop reactors in September. “There is no transparency as to what that price will be.”
http://www.bloomberg.com/news/2012-0...or-energy.html
Can't wait for it. Cameron will build it whatever it costs. It would be a major loss for him and his policies.
My bets are on massive cost overruns later because of a very bad contract. And later he will blame the French.
The second option is a nuclear power plant from China.
China is already building 2 EPRs on time and on budget and is now ahead of the French EPRs which are all overrun and overbudget.
Another essential ingredient is Chinese labour; there are 9,000 workers currently on site. Instead of working three eight-hour shifts, as is common in Europe, the people working for Hua Xing, the concrete contractor on the first Taishan reactor, work 10-hour stints, seven days a week.
In China with French Technology. Highly doubt this will work here.Originally Posted by Lov3ll
Lets hope fatigue doesn't make a mess of things.
The domestic price here in Queensland, Australia is 22cents/kWH; $220/MWH which is about 144 pounds/MWh. (and that's kind of cheap for a lot of Australia) Suck it up, UK!
Last edited by wagon; 07-15-2012 at 06:17 AM.
Yes, but the UK is no-where NEAR the size of Australia.
The generation costs would be similar, but the distribution costs here would be higher, yes.
I had another ranting moment the other day when they revealed that people with solar panels get 20cents per kw/h to feed it into the net
but pig farmers or landfills who generate power through methane get only 3cents.
I'm glad the feed-in tariff has had the guts cut of of it since we are all paying for that... and what about the subsidised solar panels themselves? Geez.............
Yeah the panels have to come down and the rest up a little.
To convert the pigfarm to be self sufficient was about $1m , runs the farm , the house and most of the nearby properties just on methane.
Need to invest some more $$ in stuff like that.
Methane is supposed to be a nastier 'greenhouse gas' too, so said pigfarm is really doing a good job. I wonder if they got the idea from Mad Max or Evil Aliens?
Or CANDU9 or ACR-1000
Chinareactor would be neat tho...
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