As I predicted the Welsh nuclear power station project to be abandoned.
Nuclear power is bollix.
Hinkley will fail too.
What's odd about that article is that it just talks about "Britain’s
ambitions for a nuclear renaissance (being) in tatters."
Surely this is a problem for the whole world, not just the UK.
There is nothing unique about the UK market here.
It Nukes aren't viable at strike price that is acceptable to agree to, in a
competitive market when alternative fuels are available, in the UK, then
they aren't going to be viable anywhere in the world at that price.
And there's no justifiable reason why we should pay more than those
alternative fuels, just because it's a Nuke, None whatsoever!
Yes it is with that mindless hyperventilation about
that particular one being canned, if it is. It might
well be canned because Toshiba has given up on
nukes but that only matters when you only have
two nukes being constructed and the constructor
of one of them gives up on making nukes.
Yes there is with just two nukes under construction
and both being done by foreigners.
The other uniqueness is only having two under construction and
one being done by an operation that has given up on nukes.
And with India and China in spades.
Not with India and China.
And both India and China are still doing plenty.
And neither of them are stupid enough to fart
around with strike prices either.
Nucler prices are not set by anthing intrinsic to the technology.
They are set byu reglautory overburden and by interest rates and to some
extent by how long the construction can be delayed.
In asia and in france in years gone by, nuclear is and was the cheapest
form of electriciry possible,
Gas interests are directly against nuclear interests. Trillions are at
stake to stop nuclear replacing gas. Go figure.
Religion is regarded by the common people as true, by the wise as
foolish, and by the rulers as useful.
You try borrowing at zero percent to build a nuke.
Anyway I dodnt say that these were the issues NOW I said that these were
Interstet rates are what stopped another Sizewell being built plus cheap
N. Sea gas.
Today its regulatory ratcheting
'concerns' about 'safety' are used to drive up construction cists to the
point where the plant ceases to be commercially viable
To ban Christmas, simply give turkeys the vote.
Far less regulation on what could be built, no attempt to make
them cheap to dismantle when they have passed their useby
date, getting commercial operations to build them instead
of just putting it out to tender and doing it that way etc.
Not if there are enough nukes to heat the houses
using the electricity generated with nukes.
On Monday, 14 January 2019 11:09:46 UTC, The Natural Philosopher wrote:
Nuclear is only cheap because they don't take into account the decommission
Pigeons coming home to roost on that one in France right now.
Which is one of the reasons Hinkley Point will fail. (French nuclear indust
ry will go bust.)
Maybe the whole country the way things are looking right now.
That's because they do include it now
but 92.50/MWh is not cheap
that's the point
presumably the Japs pulled out because HMG, having got flack for agreeing
that price last time, decided that the couldn't pay anything close to it
(i) it is compared with double that for wind and triple for solar.
(ii) the reason it is that high is on account of EU nuclear regulatory
policy which is designed to eliminate nuclear and coal so that russian
gas gets the whole market.
(iii) If we ever get a brexit, we will be free to imnplement our own
regulatory policy, or somewhat MORE free anyway.
Whta haqs always happ[ened is that companies look at the market and it
looks good, and then they get dleivered te 14 tinnes of regulatory
bullshit that they have to comply with, and say 'and what guarantees are
there that after meeting every one of thses 1.5million regulatory
checks, the UK government will not do what Germany did, and change the
And the answer is, there are none.
Then they walk away.
Of what good are dead warriors? … Warriors are those who desire battle
more than peace. Those who seek battle despite peace. Those who thump
On 15/01/2019 10:13, The Natural Philosopher wrote:
Personally I think it is the planning process rather than the final
regulation by ONR which is the problem, not least because it keeps the
project high profile in the press for a long time.
If I understand correctly, the HPC deal is designed to protect the EDF
investor from the "Germany" problem.
But I do find it slightly remarkable that the far east shows such
interest in the UK market. They must be *very* confident that we are
going to want the electricity long term, and that even in the event of a
Fukushima type incident that people would accept re-starting of other
plant. I suppose it is partly driven by "a foot in the door". If only
governments in the west could think on the half-century timescale.
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