UK starts formal discussions to support new nuclear build in Wales

The Nuclear Decommissioning Authority is working with Welsh development firm Cwmni Egino on proposals for the siting of the nuclear plant at NDA’s site in Trawsfynydd, north Wales

EDF to buy part of GE Steam Power’s nuclear activities

The proposed deal includes the latter company’s nuclear turbine unit in France, which comprises of the Arabelle turbine, claimed to be the world’s most powerful steam turbine in operation

Consumers could pay for new UK nuclear plants in advance

The government is consulting on a new financing model to attract ‘significant’ private investment for future nuclear projects

UK and Japan extend nuclear co-operation

The UK and Japan have signed an agreement to increase co-operation on civil nuclear energy. They will work together across a range of activities including decommissioning, research and development and new nuclear. The Memorandum of Understanding was signed in Tokyo by UK Business and Energy Secretary Greg Clark and Japanese Trade and Industry Minister Hiroshige […]

43% of UK public back new nuclear subsidy

More than a third (43%) of the British public said they would support Government subsidy for the construction of new nuclear power plants in the UK. That is in comparison to only 28% who said they would not, according to a new poll of more than 2,000 people. It also revealed almost half (46%) of […]

UK lays out nuclear strategy to get into £1trillion industry

UK ministers want the nation to tap into the £1trillion global nuclear market, they said today in a new strategy for civil nuclear power. Business Secretary Vince Cable and Energy Secretary Ed Davey announced the plans which cover the whole market from new build, operations and maintenance to waste management, decommissioning and fuel cycle services. […]

We want a single backer for low carbon energy, Government told

The Government needs to work out who’s going to financially back its new scheme to pay for low carbon energy – and sooner rather than later, the head of an energy trade body said this week. Angela Knight, chief executive of trade body Energy UK derided official dithering over who will be the “counterparty” to […]

Cameron backs Hinkley plant

The PM has backed the decision to give EDF the go ahead for new nuclear power plants at Hinkley Point in Somerset. Mr Cameron was taking Prime Minister’s Questions ahead of the Budget when he was asked by Green Party MP Caroline Lucas if the cost of building and maintaining the new nuclear plants and […]

Nuclear ‘popular with business chiefs’

New UK nuclear power stations are popular among business leaders, according to a new survey by the Institute of Directors (IoD). In a poll of 1,117 members, the IoD found more than four out of five (84%) were in favour of new plants being built in the UK. In a survey taken in February 2010 before […]

Nuclear waste disposal plans put spotlight on cost

Nuclear operators looking to invest in the UK will need to show they have enough funds for cleaning up their waste under new Government plans. Announcing new guidelines for firms yesterday, Energy Minister Charles Hendry said this emphasis on cost from day one would “protect taxpayers from having to pick up the bill.” Critics of […]