New threat to Hinkley nuclear plant cash
Source: The Sunday Times of London
Britain could withdraw financial support for the controversial £18bn nuclear power station at Hinkley Point, Somerset, if a similar plant being built by France’s EDF is not running by 2020, The Sunday Times can reveal.
The condition, attached to a Treasury loan guarantee, raises fresh questions about the future of Britain’s first new atomic power plant in a generation.
Last week EDF, which is 84% owned by the French state, postponed a board meeting in Paris to approve Hinkley Point, amid concerns about the heavily indebted company’s ability to fund the project. The plant will be financed by EDF and its Chinese partner CGN, with the backing of a 35-year contract to sell power to households at above-market rates.
The arrangement hinges on a Treasury agreement to guarantee up to £17bn in loans. Mounting problems at Flamanville, where EDF is building a plant of the same reactor design, could void ...
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Read more: http://www.thesundaytimes.co.uk/sto/business/energy_and_environment/article1662807.ece?CMP=OTH-gnws-standard-2016_01_30
= new reply since forum marked as read
...toxic renewable energy garbage double nuclear rates for eternity? Why does the so called "renewable energy" industry whine like the devil when it can't charge poor people "feed in tariffs" to subsidize the solar trash placed on the roofs of millionaire and billionaire McMansions?
Hinckley, if completed, will be producing energy 60 years from now, long after all the solar cells on the planet right now are electronic waste in landfills, long after all the wind facilities are abandoned piles of metal leaking grease and toxic metals over once pristine landscapes.
Every nuclear power plant built is a gift to future generations, every gram of cadmium and arsenic mined for transitory solar cells is a liability irresponsibly dumped on these same generations, never mind the people who have to dig arsenic and cadmium out of the earth in this generation.
An anti-nuke complaining about costs is rather like Donald Trump complaining about racism against Guatemalan migrants in Arizona.
The lying idiots in the anti-nuke community can't even google to the difference between electricity rates in anti-nuke hellholes like Germany, where electricity rates are close to 30 euros a kwh, and France:
Eurostat Energy Statistics
Of course, being bourgeois brats holding the poor in as much contempt as they hold science, they can't look at this chart without stating once again that "nuclear energy is too expensive," while gas backed redundant solar and wind crap is cheap. How can they do this? Because they don't think, and because they are part of the community of scientifically illiterate and environmentally disinterested fools who have tried to destroy the careers of nuclear engineers, engineers who are vastly the intellectual and educational superiors of antinuke illiterates. The specious appeals of this set of whining illiterates, the anti-nuke whiners, has destroyed infrastructure of nuclear manufacturing, because they are dishonest, cheap carny barkers selling lies. In short, antinukes are arsonists complaining about forest fires.
The planet spent two trillion dollars in ten years so called "renewable energy" mostly wind garbage and solar garbage in the last decade.
The two trillion dollar "investment" in so called "renewable" energy.
All the mines in China, where the toxic crap for this tragedy is mined, churning through trillion dollar figures, couldn't make this garbage produce 5 of the 560 exajoules humanity consumes each year, not 1/5 of the primary energy produced each year, every year, for the last 30 years, saving millions of lives from air pollution.
Here's the environmental result of 50 years of anti-nuke misrepresentation and kettle and pot complaints about nuclear energy's costs by the advocates of so called "renewable energy" who sucked two trillion bucks out of the world economy for essentially no result:
Of course, anti-nukes care even less about the environment than they care about the people who will die from air pollution of Hinckley is not built, any more than they care about the millions of more lives that might have been saved from air pollution if they hadn't spent the last 50 years, the worst years for the environment ever observed, sabotaging nuclear infrastructure.
These people, the anti-nuke community, have no ethics, no shame, and no intellects.
Have a nice Sunday.
...will do to French electricity rates, which are currently roughly 1/2 German and Danish rates, a subject that apologists for the so called "renewable energy" scheme are predictably avoiding here and everywhere else.
It is just regurgitation of the same bullshit that has lead the planet to the abyss.
Driving cars over soon to be useless and intractable toxic waste, which is what every fucking solar panel on the planet is, is an irresponsible and dangerous idea, but of course, the idiotic rhetoric that excuses this nonsense can be described easily in the following analogy: A thug has left a victim bleeding from the head and lying near death in the street, and the proposal to deal with him is as follows: We'll beat the shit out everyone else on the street and leave them bleeding and lying near death on the street so the victim doesn't look so bad by comparison.
For the record, Francoise Holland is a moron, an extremely unpopular in his country because he's, completely lacking in vision and imagination. It's not surprising that in his administration a garbage proposal to coat the road with garbage even more toxic than asphalt would be taken seriously.
France right now, and for several decades previously, has, and has had, the best electricity infrastructure in the world; the only one in Europe that is essentially not dependent on burning dangerous fossil fuels and dumping the waste into the planetary atmosphere. Any effort to degrade that infrastructure is no different than any other effort to destroy the world's best energy infrastructure, nuclear infrastructure, by similar mindless appeals to fear and ignorance, a point I evoked in my previous response to the idiotic appeal to the idea that "nuclear energy is too expensive" by people who want the poorest residents of say, um, Germany, pay for solar installations on the home of the richest residents.
I note that the result of this fear and ignorance is written, again, in the fate of the planetary atmosphere, produced again, graphically, so that even a mindless regurgitating anti-nuke idiot could understand it, (or not):
It would be interesting to learn if an anti-nuke can be trained to compare two numbers, like the price of residential electricity in France (with its current infrastructure) with those in Germany, but I'm not optimistic. I have never met an anti-nuke who shows even a shred of ability to do simple arithmetic, never mind to think critically. Every single one I have ever encountered has been a blathering regurgitating fool.
Enjoy the rest of the weekend.
Since nuclear energy saves lives:
Prevented Mortality and Greenhouse Gas Emissions from Historical and Projected Nuclear Power (Environ. Sci. Technol., 2013, 47 (9), pp 4889–4895)
...and since anyone who is not a complete and total idiot can see all the wiggling and denial attached to the inability to understand the meaning of the clearly observable difference between the cost of electricity in Germany and France, it is very clear what is and is not a lie needing to be confronted.
If the Hinckley plant is not built and brought on line, deaths from air pollution will result. If it is built and brought on line, tens of thousands, perhaps hundreds of thousands of lives that would have otherwise been lost to air pollution over the next 60 to 70 years, will be saved.
It's that clear. School yard exclamations worthy of a third grader, ("tough Nnoogies"
do not mean that the person issuing this childish rhetoric can do the very simple third grade math that is involved in understanding the price of electricity in France and comparing it to that in Germany. It's very clear from this exchange that people of this type cannot do simple arithmetic comparisons at a third grade level.
I wish I could say it's been a pleasure, but the fact is that ignorance kills people.
