That was the final trigger, but there were several decisions that led to that.
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Kayos
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Cheap nuclear power anyone?
www.constructionenquirer.com
Hinkley Point delayed another year as costs rise by £3bn
Covid blamed for construction delays and cost increases
www.constructionenquirer.com
As are many projects such as crossrail due to the massive Covid lockdown.Cheap nuclear power anyone?
Hinkley Point delayed another year as costs rise by £3bn
Covid blamed for construction delays and cost increases
Nothing to do with it being nuclear!
daleyd
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Unfortunately it's perfectly normal for a nuclear project. (See Flammanville or the Finnish one if you don't believe me).
Nuclear is necessary but don't be blind to the fact its expensive - or its many other drawbacks.
Kayos
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Never said it was, I was highlighting the expense and the rise of it
Kayos
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Dogger Bank C reaches Financial Close
www.sse.com
About £9 Billion if you can't be bothered to read it, all private (no tax payer) funded
8ob
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Which would indicate that high energy prices are here to stay and that there is an absolute killing to be made in selling/generating electricity. Follow the money.
Bob
So guaranteed prices for the electricity and being paid even when there is no wind are not subsidies then?Dogger Bank C reaches Financial Close
About £9 Billion if you can't be bothered to read it, all private (no tax payer) funded
Why do you think our electricity is so expensive?
The Roills Royce SMRs will be privately funded. Cost 2 billion and will produce as much electricity in a year as 2 of World's biggest windfarms which cost over 9 billion.
Out of curiosity, some figures on building cost.
Dogger Bank C - £9b for 6'000GWh a year - £666m per GWh.
Hinckley C - £26b for 26.1TWh (26'100GWh) - £1003 per GWh.
Off course only one of those has the benefit of producing maximum power 24/7/365.
My issue with renewables, is you still need base power, so the whole power generation becomes inefficient.
From an environmental point, idling fossil fuel plants is good.
From a financial point, idling nuclear plants isn't good.
As can be seen from those figures above in terms of new builds, you're spending money twice on capacity. You still need the base capacity of Nuclear, but you're going to have it sat idling when renewables are producing, only powering it up when renewables aren't producing.
There is no simple solution at the moment.
However if fusion does become viable, everything built and being built at the moment will be obsolete.
Dogger Bank C - £9b for 6'000GWh a year - £666m per GWh.
Hinckley C - £26b for 26.1TWh (26'100GWh) - £1003 per GWh.
Off course only one of those has the benefit of producing maximum power 24/7/365.
My issue with renewables, is you still need base power, so the whole power generation becomes inefficient.
From an environmental point, idling fossil fuel plants is good.
From a financial point, idling nuclear plants isn't good.
As can be seen from those figures above in terms of new builds, you're spending money twice on capacity. You still need the base capacity of Nuclear, but you're going to have it sat idling when renewables are producing, only powering it up when renewables aren't producing.
There is no simple solution at the moment.
However if fusion does become viable, everything built and being built at the moment will be obsolete.
Gareth J
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That's not true, French public pay less for their juice because their government have intervened and helped keep prices down.
This was pointed out in another thread recently;
Just had a little look around.
It looks like, as is so often the case, it's complicated.
France electric was state owned until 2007. Even now, the biggest company, EDF is majority state owned and the government sets the price of the standard tarriff.
They have very much been hit by recent price hikes in wholesale costs as well as the rest of Europe. But France's government have intervened more drastithan ours;
"[The French] finance minister Bruno Le Maire, who has said prices would have leapt by 35 to 45% without state help, has handed €100 (£83) to 5.8million low income households to help with extra costs."
Why are energy bills so much cheaper in France?
Emmanuel Macron’s government has limited gas price increases to 12.6% and promised further help after the cap ends in April.metro.co.uk
Though, as wholesale costs have risen beyond even new nuclear now, that's bound to also help
Do you own shares in nuclear or something?
Some not most.
France is still getting 60% of its power from nuclear. Britain 17%.
The French government can afford to do this as they have so much nuclear. We can't as we use gas and renewables. Nuclear electricity has not been affected by Putin!
1 Rolls Royce SMR will produce 5twh/y.
Also 1 SMR site will be 2 acres. The Dogger Bank project over 1700sq km - bigger than Greater London
Kayos
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Where do you get the no wind argument?
It's built out at see, in a channel that has wind constantly
Show me where and when an SMR is being built and deployed and is on budget
Wind constantly?
Are you serious? When there is an area of high pressure over Europe we can go for 2 weeks or more with almost zero wind power. Hence why I am so against all this nonsense. Battery storage will last for minutes not weeks.
I know it is truly horrific.Diesel went up here again back to 180p at supermarkets like before the duty cut
Some pallet networks have slapped on a 30% fuel surcharge - that is a heck of a lot!
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