Nuclear not an Energy Necessity

08 March 2006

Government independent advisory body concludes nuclear risks outweigh the benefits.  With the Energy Review due to be published this summer, will the Government take on board the findings or has it really already made its mind up?

High energy prices, cold weather snaps, rising emission levels, depeleting fossil fuel stocks and concerns over security of fuel supplies perhaps conveniently helped push new-build nuclear capacity back on to Britain’s energy agenda. At the back end of 2005, and ahead of the announced Energy Review, Tony Blair was reported to have been convinced over the need for building more nuclear capacity as the only way for Britain to meet its energy needs and stick to climate change targets.

However, the conclusions from the Governments own independent advisory body, the Sustainable Development Commission (SDC), appears to counter this view. In its recent report, submitted as part of the Governments consultation process on the UK’s future energy strategy, the SDC said that the risks associated with nuclear outweighed the benefits, specifically:

 

- currently no long-term storage of waste solutions;

- economics of new-build still highly uncertain;

- would lock UK into centralised distribution system just as more flexible options such as micro generation become available;

- undermine the drive for energy efficiency; 

- difficult to deny other countries nuclear programme while UK pursues its own.

 

In addition, doubling nuclear capacity would only lead to an 8% reduction in CO2 emissions from 1990 levels by 2035, while demand reduction, renewables, more efficient use of fossil fuels, carbon capture and energy storage technologies could all help the country meet its emission reduction targets. The SDC suggest that while nuclear is an option, it is not an absolute necessity. With the results of the Energy Review due to be published this summer, it will be interesting to see whether the Government will take on board these new conclusions, or whether or not it has already reached its own. As an aside, results of a recent ICM survey in Scotland showed that 82% wanted the Scottish Executive to decide on the nuclear question while only 31% trusted Westminster to tell them the truth about nuclear safety!


Nuclear  UK Government  Climate Change 

Related Articles
100 % Nuclear Debate  

19 June 2006


Some would question whether there is actually a nuclear debate with the poistives for nuclear constantly being brought to the fore.  However, the UK energy crisis is vastly complex and not just an issue of forecasting supply and demand. Environmental and geographical issues also need to be considered.  read more...

100 % How Energy Efficient Are You?  

15 June 2006


When the Government reports on its Energy Review later this summer, we're all expecting to read about nuclear.  However, as well as considering the production of energy, we're expecting the Review to also focus on consumption.  read more...

100 % Our Energy Challenge  

24 January 2006


Perhaps it is about time that the government tested whether the public would embrace Nuclear as a fuel source for energy. Truth is I think that the answer will be a resounding yes....... another box ticked.  read more...

100 % Bulls back, nuclear debate clear cut.  

21 November 2005


Week 47 holds key to unlocking how the rest of Winter may pan out. Nuclear debate looks over before it even started.  read more...

100 % Party Conference Season may kick off Energy Policy  

15 September 2005


Wind or nuclear neither work but we have to comeup with something soon.  read more...


other articles on Nuclear
Winter 11 - A Slippery Slope  

06 May 2011


While March was a month of shocks and gains, April seems to have marked the start of a downward trend in the UK power market. The WInter 11 contract is just one example.  read more...

Japan, Germany & MENA -Global Energy  

18 March 2011


Bullish gains were seen across the fuels complex as traders and analysts rushed to assess the impact of the devastating earthquake and subsequent Tsunami in Japan as well as Germany's announcement that it was to take 7 nuclear generators offline immediately.  read more...

EdF to pay £12.5 billion for British Energy  

24 September 2008


EDF has struck a £12.5billion deal to take over British Energy, the British nuclear generator.  read more...

Centrica and BE - A Natural Fit?  

27 August 2008


Invesco – the investment company that owns 15% of British Energy and 5% of Centrica has discussed with the Government the possibility of a merger between the two energy companies.  read more...

British Energy forecast to be back in Dec  

11 August 2008


Market expects to see nukes return in Decemeber.  read more...


other articles on UK Government
Solar in the UK - Not So Bright  

01 November 2011


DECC has published the Comprehensive Feed-in Tariff (FiT) document and at the same time, many say, put a nail in the coffin for the Solar Industry in the UK. With the FiT rate for Solar Power to be cut by more than 50%, and with a proposal that eligibility to the scheme should be linked to a minimum energy efficiency requirement - many fear that this will be the end for the industry  read more...

Carbon Floor Price Announcement: The Market Reacts  

25 March 2011


The tensions seen in the markets last week, as participants assessed the impact of Japan and nuclear withdrawal in Germany, appeared to have eased when the market started trading on Monday. The Government's mid week budget Carbon Floor Price announcement soon changes that though  read more...

We're borrowing less than expected....  

20 August 2010


As the government prepares its spending review it will no doubt welcome the latest figures that show net borrowing for July at £3.8bn. While still sizeable, this is £1.2bn less than forecast and well down on the £6.1bn that was borrowed in the same month last year.  read more...

Confidence knocked in the Financial Markets  

12 August 2010


Statements from around the world all suggest a stalled recovery while closer to home there are continuing signs of inflationary pressures at a time of slow to stagnant growth.  read more...

Energy Secretary gives the first annual energy statement to the Commons  

28 July 2010


Chris Huhne, the coalition government Energy Secretary yesterday gave the first annual energy statement to the Commons. He set out plans to secure energy supplies and cut carbon emissions. In all 32 measures were outlined all with the aim of helping the UK achieve the legally binding target to cut emission by 80% by 2050.  read more...


other articles on Climate Change
Energy Secretary gives the first annual energy statement to the Commons  

28 July 2010


Chris Huhne, the coalition government Energy Secretary yesterday gave the first annual energy statement to the Commons. He set out plans to secure energy supplies and cut carbon emissions. In all 32 measures were outlined all with the aim of helping the UK achieve the legally binding target to cut emission by 80% by 2050.  read more...

Capacity Payments Discussed as a Tool to encourage Investment  

30 June 2010


In a week when the engineering industry, in its State of the Nation report, said that the Energy Industry gave the most cause for concern in light of security of supply, Energy Minister Charles Hendry spoke of 'Capacity Payments' as a tool to incentivise plant development.  read more...

Investing in the Future  

11 June 2010


The Wave and Tidal energy sector gets nervous ahead of the E-budget, concerned that funds will suffer as part of anticipated public spending cuts. Should this sector suffer?  read more...

Queens Speech: Energy Bill Outlined  

25 May 2010


The state opening of Parliament is history personified, wrapped in lashings and lashings of ceremony, pageantry and tradition dating back centuries. But for all its spectacle, there is the serious business of the Queen's speech (actually the Government's) which this year included details of this coalition government's Energy Bill.  read more...

No Financial Support for Nuclear  

17 May 2010


How will the coalition, that had such differing opinions about nuclear, find common ground?  read more...


Energy News by Date
2012 2011 2010 2009 2008 2007 2006 2005 2004
december november october september august july jun may april march february january
RSS Feed
Keep up to date on energy trading news.
Click here to subscribe
RSS
Day Ahead Electricity Prices

1y  6m  3m  1m
Powerisk Online
Powerisk Online tools and services.
Click here to login
Glossary
Glossary
Powerisk glossary of power terminology.
Click here for glossary
Glossary