The Stop Hinkley Campaign has written to the new Secretary of State for Business, Energy and Industrial Strategy to ask him to stamp his own mark on energy policy by ditching proposals for a new nuclear power station at Hinkley Point C.
Stop Hinkley Spokesperson Allan Jeffery said: “Now even the financial press says Hinkley Point C has become a laughing stock. The cost keeps rising while the cost of renewables is falling rapidly, and the potential to make savings with energy efficiency is huge. We could replace Hinkley much more quickly and cheaply without the safety fears and without producing dangerous waste we don’t know what to do with”.
EDF seems to be hoping that by acting swiftly after Greg Clark’s appointment as Secretary of State, it can minimise the risk that the highly favourable terms struck in 2013 to help to bankroll the station are watered down. Above all, EDF’s most cherished sweetener is a guaranteed price of an index-linked £92.50 per megawatt hour in 2012 prices – now worth around £100/MWh.
Allan Jeffery commented: “If the Company does indeed make a positive Final Investment Decision on Thursday it will be little more than EDF spin. The largely French Government-owned company has a long list of problems to sort out before construction can begin. EDF says there will no concrete poured until at least mid-2019 and this will depend on the start-up of the EPR (the European Pressurised Reactor) at Flamanville, scheduled for the end of 2018 – six years late.”
The largely French Government-owned company has a long list of problems to sort out before construction can begin.
First the EPR design has not yet been built successfully anywhere in the world. It has been described by a nuclear engineering professor as ‘unconstructable’. In France concerns over the safety of the reactor pressure vessel at Flamanville have arisen after tests “revealed the presence of a zone in which there was a high carbon concentration, leading to lower than expected mechanical toughness values”. Further tests will continue until the end of this year. The French safety regulator ASN is making no promises about what remedial action might be required. In the worst case scenario the entire project may need to be abandoned.
Moreover, EDF doesn’t have the money to pay for it. As this week’s Board meeting was being announced French finance authorities were raiding the offices of EDF as part of a probe into EDF’s disclosure of information to the market. Investigators are said to be concerned about the reporting of its domestic nuclear maintenance costs as well as the plans to develop new nuclear reactors in Somerset.
EDF is a company in a very precarious financial situation. It has €37 billion of debt. The collapse in energy prices has pushed earnings down 68% in 2015. The company needs to spend €50 billion upgrading its network of 58 ageing reactors by 2025. It is scrambling to sell €4 billion of new shares and €10 billion of assets to strengthen its balance sheet. EDF is also expected to participate in the €5 billion bailout of Areva, the bankrupt developer of EPR technology, by taking a 75 per cent stake. About the last thing that it needs is a new €15 billion millstone around its neck.
The European Union has opened a State Aid investigation into the French Government’s rescue plan for Areva. And any French government financial support to EDF to enable the company to build the Hinkley Point C will almost certainly be blocked by the European Commission, according to a legal opinion commissioned by Greenpeace.
Two legal challenges: firstly from Austria and Luxembourg, and secondly from a group of German renewable energy companies at the European court of justice against the European Commission decision to allow to subsidise Hinkley Point C have yet to be resolved.
Jeffery continued: “If this plant goes ahead highly radioactive waste would be stored in the heart of Somerset for perhaps the next 200 years. Over its lifetime Hinkley Point C will produce waste equivalent to 80% of all the waste so far produced in the UK in terms of radioactivity – for what? So the Government can help its friends in the nuclear industry put the brakes on the renewable energy revolution taking place across the globe – they really do make King Canute look like an amateur.”
“The Government’s nuclear delusions are standing in the way of the West of England joining this energy revolution. Nuclear advocates can’t bring themselves to admit that smart, efficient and renewable energy systems are sounding the death-knell of nuclear power. It’s time that Somerset was given the opportunity to catch-up.”
A Good Look At How Homes Will Become More Energy Efficient Soon
Everyone always talks about ways they can save energy at home, but the tactics are old school. They’re only tweaking the way they do things at the moment. Sealing holes in your home isn’t exactly the next scientific breakthrough we’ve been waiting for.
There is some good news because technology is progressing quickly. Some tactics might not be brand new, but they’re becoming more popular. Here are a few things you should expect to see in homes all around the country within a few years.
1. The Rise Of Smart Windows
When you look at a window right now it’s just a pane of glass. In the future they’ll be controlled by microprocessors and sensors. They’ll change depending on the specific weather conditions directly outside.
If the sun disappears the shade will automatically adjust to let in more light. The exact opposite will happen when it’s sunny. These energy efficient windows will save everyone a huge amount of money.
2. A Better Way To Cool Roofs
If you wanted to cool a roof down today you would coat it with a material full of specialized pigments. This would allow roofs to deflect the sun and they’d absorb less heat in the process too.
Soon we’ll see the same thing being done, but it will be four times more effective. Roofs will never get too hot again. Anyone with a large roof is going to see a sharp decrease in their energy bills.
3. Low-E Windows Taking Over
It’s a mystery why these aren’t already extremely popular, but things are starting to change. Read low-E window replacement reviews and you’ll see everyone loves them because they’re extremely effective.
They’ll keep heat outside in summer or inside in winter. People don’t even have to buy new windows to enjoy the technology. All they’ll need is a low-E film to place over their current ones.
4. Magnets Will Cool Fridges
Refrigerators haven’t changed much in a very long time. They’re still using a vapor compression process that wastes energy while harming the environment. It won’t be long until they’ll be cooled using magnets instead.
The magnetocaloric effect is going to revolutionize cold food storage. The fluid these fridges are going to use will be water-based, which means the environment can rest easy and energy bills will drop.
5. Improving Our Current LEDs
Everyone who spent a lot of money on energy must have been very happy when LEDs became mainstream. Incandescent light bulbs belong in museums today because the new tech cut costs by up to 85 percent.
That doesn’t mean someone isn’t always trying to improve on an already great invention. The amount of lumens LEDs produce per watt isn’t great, but we’ve already found a way to increase it by 25 percent.
Maybe Homes Will Look Different Too
Do you think we’ll come up with new styles of homes that will take off? Surely it’s not out of the question. Everything inside homes seems to be changing for the better with each passing year. It’s going to continue doing so thanks to amazing inventors.
ShutterStock – Stock photo ID: 613912244
IEMA Urge Government’s Industrial Strategy Skills Overhaul To Adopt A “Long View Approach”
IEMA, in response to the launch of the Government’s Industrial Strategy Green Paper, have welcomed the focus on technical skills and education to boost “competence and capability” of tomorrow’s workforce.
Policy experts at the world’s leading professional association of Environment and Sustainability professionals has today welcomed Prime Minister Teresa May’s confirmation that an overhaul of technical education and skills will form a central part of the Plan for Britain – but warns the strategy must be one for the long term.
Martin Baxter, Chief Policy Advisor at IEMA said this morning that the approach and predicted investment in building a stronger technical skills portfolio to boost the UK’s productivity and economic resilience is positive, and presents an opportunity to drive the UK’s skills profile and commitment to sustainability outside of the EU.
Commenting on the launch of the Government’s Industrial Strategy Green Paper, Baxter said today:
“Government must use the Industrial Strategy as an opportunity to accelerate the UK’s transition to a low-carbon, resource efficient economy – one that is flexible and agile and which gives a progressive outlook for the UK’s future outside the EU.
We welcome the focus on skills and education, as it is vital that tomorrow’s workforce has the competence and capability to innovate and compete globally in high-value manufacturing and leading technology.
There is a real opportunity with the Industrial Strategy, and forthcoming 25 year Environment Plan and Carbon Emissions Reduction Plan, to set long-term economic and environmental outcomes which set the conditions to unlock investment, enhance natural capital and provide employment and export opportunities for UK business.
We will ensure that the Environment and Sustainability profession makes a positive contribution in responding to the Green Paper.”