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THIS JOURNAL WILL "TELL IT LIKE IT IS" REGARDING DIFFERENT FORMS OF ENERGY AND THEIR GLOBAL IMPLICATIONS/PROBLEMS

GREAT BRITAIN ABANDONS PLANS FOR TWO (2) NEW NUCLEAR POWER PLANTS

15 FEB 2013

BRITISH UTILITY “CENTRICA” ABANDONS PLANS FOR TWO (2) NEW NPPs, blaming rising costs and construction delays.  “Centrica”, is a British multi-national utility company headquartered in Windsor, United Kingdom (UK). Its principal activity is the supply of electricity, and it is the largest supplier of Nat gas to domestic and business customers in the UK. The decision is a blow to the government’s previous plans to build the most ambitious fleet of new reactors in Europe, and comes on the day (7 Feb 2013) when Members of Parliament (MPs) severely criticized the management of nuclear (transuranic spent nuclear fuel) at Sellafield, GB, and after Cumbria, GB county council rejected proposals for “deep burial site” to permanently dispose of the waste – Like someone once said:  Not In My Backyard (NIMBY).

“CENTRICA” EXITS STAGE LEFT ON NPPs. Centrica will also forfeit its 20% option on four (4) new NPPs planned by ‘Electricite De France (EDF)” – owned by the French government, in Somerset and Suffolk, forfeiting £200m in the process.  EDF has been in talks with the state-owned “China Guangdong Nuclear power Corporation”, which may pick up Centrica’s option. (YOU KNOW! – YOU’L PICK UP A BARGAIN – NOW HEAR!) Centrica’s exit means no major UK utility remains involved in plans for new NPPs in the UK; However, Centrica retains its 20% stake in eight (8) existing NPPs in the UK.

CENTRICA’S CEO SAM LAIDLOW SAID: “We believe that nuclear generation has a valuable role to play in a balanced UK energy mix. However, since our initial investment (in 2008), the anticipated project costs in new nuclear have increased and the construction timetable has extended by a number of years.” Laidlaw blamed the very large 1.6GW units planned for “Hinkley Point” in Somerset, for making the project more expensive, and design modifications imposed after the Fukushima disaster for adding to delays.

UK GOVERNMENT DOES NOT RELENT ON BUILDING NEW NPPs.  A spokesman for the UK “Department of Energy and Climate Change (DECC)”- no name provided, denied Centrica’s withdrawal reflected badly on the government: “The decision reflects the company’s investment priorities and is not a reflection on UK government policy. The recent purchase of Horizon Nuclear Power by Hitachi is clear evidence of the attractiveness of the new nuclear market in the UK. We are determined to make the UK a leading global destination for investment in new nuclear, which will play a key role in our future energy mix.”;  Even so, analysts at “Deutsche Bank” said: “The decision to give cash back to shareholder, rather than invest in new nuclear will be an embarrassment for the coalition government”

GREENPEACE’S (INTERNATIONAL GREEN ENERGY ACTIVIST GROUP) for the UK, Doug Parr said: “The Centrica pull-out has exposed a very troubled UK energy strategy. This government’s relentless focus on new nuclear has lost us years of investment in truly green energy and we now need a plan B to deliver a clean, safe energy system – one that doesn’t depend on deluded estimates of how much nuclear will get built. The longer the government chases its nuclear dream, the more the UK loses out on the jobs and economic benefits that viable, affordable green energy will bring.” That, is telling it like it is!

ENERGYMATERS NEWS ANALYSIS AND COMMENTS

THE “NUCLEAR WASTE MAKERS” DO NOT GO AWAY EASILY. Even thought the uranium NPP cartel is clearly in a global retrenchment mode, one is hard-put to find a member of the industry who does not speak optimistically about more nukes; they simply refuse to hear/understand that their industry has been exposed for what it is, and is now globally rejected by all wise nations/peoples.  We are very happy to see that the British Parliament understands the risks of nuclear waste, and is both responsive/responsible to its constituents.

CENTRICA DECIDED TO CUT ITS LOSSES IN THE UK by “biting the bullet” to the tune of  £200m,  and forfeiting its 20% option on four (4) new NPPs planned by ‘Electricite De France (EDF)”.  The reasons mentioned by Centrica CEO Sam Laidlow ring true in today’s NPP business expectations:  “… the anticipated project costs in new nuclear have increased and the construction timetable has extended by a number of years.” He means that both citizens and governments now expect expensive operational plant enhancements (incorporation of the “lessons of Fukushima”), and a plan to do the (now) impossible:  a plan to dispose of “spent-fuel” transuranic , toxic nuclear waste with a radioactive life expectancy measured in centuries if not thousands of years (UGH!).

GREENPEACE INTERNATIONAL IS RIGHT (STILL); Unfortunately, Doug Parr told it like it is in the UK.  Time is awasting! – Even so, Hip, Hip, hurray for all you Brits!!!  You spoke up, and you were heard by your government.  The Powers of “B” wanted to build 8 nukes, and built none.  It gives all free nations hope in expressing the will of the people, and still time to re-direct energy venues to “green energy”.  A lot of countries are doing it big-time. When the UK decides to do something, it does it intelligently, decisively, and Pronto!  That is the reason they are our allies.

RELATED ARTICLES:
BRIT GOVERNMENT AND NUCLEAR CARTEL COLLUDED TO PLAY-DOWN FUKUSHIMA,  dated 30 Jun 2011,  “http://energymaters.com/?p=77”

UNREST IN GREAT BRITAIN ABOUT LOSS OF CIVIL LIBERTIES PROBABLY TIED TO 8 PROPOSED NUKES. Dated 11 Dec 2011, http://energymaters.com/?page_id=466

Edward Oliver Gonzalez (gonzedo>


February 15, 2013 at 8:35 PM Comment (1)