⚡EnergyDebrief

Weekly Debrief

Top stories from Sat 7 Jun – Sat 14 Jun

  1. #4

    Spending billions on unclean, risky energy? What a nuclear waste | Letters

    Readers respond to the energy secretary’s announcement of the new £14.2bn Sizewell C power station and Rolls-Royce winning the contract to develop small modular reactors Rolls-Royce pressurised water reactors have powered British nuclear subs since 1966, but small modular reactors (SMRs) aren’t yet proven at scale anywhere on land (Rolls-Royce named winning bidder for UK small nuclear reactors, 10 June). Only three are operating worldwide: two in Russia, one in China. Argentina is constructing the world’s fourth; is Labour simply keen to keep up with historical geopolitical rivals (Sizewell C power station to be built as part of UK’s £14bn nuclear investment, 10 June)? The Institute for Energy Economics and Financial Analysis (IEEFA) reported actual cost overruns of 300% to 700% for all four projects. Rolls-Royce claims costs of £35 to £50 per MWh; so should we triple this? The government says the SMR project would create 3,000 new low-carbon British jobs, but at what cost? The energy secretary, Ed Miliband, can’t know the true costs yet, and three reactors doesn’t scream “economies of scale”. Continue reading...

    The Guardian RE
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