T: 01242 620894 E: info@mypoweruk.com

More problems with UK nuclear energy have come to light

Nuclear power is back in the balance in the UK after Toshiba pulled out of the planned Moorside generator in Cumbria. The ongoing shambles at Hinkley C  which, despite huge subsidies and price guarantees to its French and Chinese owners, still hasn’t generated a single unit of electricity and isn’t forecast to do so until 2027, should convince government that centralised generation from nuclear power isn’t the answer to Britain’s energy conundrum.

This article in the FT explains why new thinking is needed. This line nicely sums up the problem with nuclear….

“The cost of replacing old nuclear plants with new ones has steadily risen while technological advances have made the opposite true of wind and solar power."

With offshore wind coming in at almost 40% cheaper than the £92.50/MWh guaranteed to the owners of Hinkley C and solar producing at 4p/kWh for commercial customers who generate and consume on site, the case for government lavishing taxpayers cash on foreign owned nuclear generation has vanished.

As France is now realising, reliance on nuclear power has a sting in the tail once those reactors are at the end of their life and need decommissioning and the resulting waste needing to be stored for infinity.

If your company would prefer electricity at 4p/unit rather than relying on expensive, index linked grid electricity from nuclear, contact us here….

 

News Headlines

Solar power will thrive despite ending of government support from March 31st 2019

Dyson releases details on its entry into the EV market

Tesla sales have soared in Germany

Commercial-scale roof-top solar: how the finances add up

Mypower champions solar power on regional TV and radio

We’re making the News!

Big announcement about Tesla's new Superchargers

Shell plans to transform from big oil to big electricity

Mypower receive another superb review

BMW facing a threat in modern EVs

Maserati is bringing the first electric GT coupe to the market

A rapid transition to electric buses is happening

The roll-out of Shell's European fast charging network has started

Nike close to running on almost 75% renewable energy

We're impressed with these new EV chargers in London

Rolls-Royce has its eye on an electric plane future

Russian gas exports to the EU are set to rise by a staggering 25% by 2020

Audi has announced another new EV

Coal is King no more

Possible rethink on the plan to withdraw export tariffs from solar generators