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Report Casts Doubt on Britain’s Nuclear Electricity Strategy
Report Casts Doubt on Britain’s Nuclear Electricity Strategy
By STANLEY REED
Published: March 4, 2013
LONDON — Britain’s plans to build a fleet of nuclear power plants by 2025 are “ambitious” at best and “unrealistic” at worst, according to a report to be released Monday by a committee of the House of Commons.
...
Replacing the country’s aging network of nuclear power stations is a major component of the government’s strategy to lower 1990 levels of greenhouse gas emissions by 80 percent by 2050. While nuclear power has disadvantages, particularly the production of radioactive waste, it emits virtually no greenhouse gases.
The French utility EDF and the British government are negotiating the terms for developing new nuclear plants. EDF has proposed constructing two plants at Hinkley Point on the Severn Estuary in southwest England, where the company operates two nuclear stations built in the 1970s. The new plants would be the first for Britain since 1995.
But cost estimates for the project have soared. Analysts say that in order for the project to be viable, EDF needs the government to guarantee it will buy electricity from the plants at prices substantially higher than the current market rates.
Nuclear power now...
By STANLEY REED
Published: March 4, 2013
LONDON — Britain’s plans to build a fleet of nuclear power plants by 2025 are “ambitious” at best and “unrealistic” at worst, according to a report to be released Monday by a committee of the House of Commons.
...
Replacing the country’s aging network of nuclear power stations is a major component of the government’s strategy to lower 1990 levels of greenhouse gas emissions by 80 percent by 2050. While nuclear power has disadvantages, particularly the production of radioactive waste, it emits virtually no greenhouse gases.
The French utility EDF and the British government are negotiating the terms for developing new nuclear plants. EDF has proposed constructing two plants at Hinkley Point on the Severn Estuary in southwest England, where the company operates two nuclear stations built in the 1970s. The new plants would be the first for Britain since 1995.
But cost estimates for the project have soared. Analysts say that in order for the project to be viable, EDF needs the government to guarantee it will buy electricity from the plants at prices substantially higher than the current market rates.
Nuclear power now...
http://www.nytimes.com/2013/03/04/business/global/report-casts-doubt-on-britains-nuclear-electricity-strategy.html?_r=0
