Renewables already receive far more subsidies than nuclear. Wind farms even receive money for shutting down, as they are so badly matched to demand.There was mention of a "level playing field" because of subsidies to renewables. This surely must apply to nuclear generation too as subsidies to that industry are far higher than to green energy. The taxpayer is forking out to help build the stations and paying for their decomissioning too.
Also, any new build of nuclear would have the cost of decommissioning and fuel disposal built into the billing. Renewables meanwhile would continue to receive subsidies to keep them viable.
With offshore wind being the main option for large scale expanion for wind, we could be looking at £130 – £200/MWh for offshore wind.
This compares with a high nuclear investment giving us about £55 to £100/MWh.
While coal currently is £75/MWh
We could build our own new reactors if the Government hadn't cancelled a LOAN to Forgemasters.Sure we could just burn our own coal , even if as has been pointed out Thatcher decimated that industry and left pits beyond economic recovery, but what happens after that? The chinese are in the forfront of developing green power now but we are talking about abandoning all that. The future will invole us buying foreign power or the machines to make that power from abroard.
New Solar PV production meanwhile can only be built in China now, as it isn't viable to build anywhere else.
They are also expanding wind turbine production, although so are many other countries.
http://www.kpmg.com/uk/en/issuesand...e-price-of-electricity-up-by-60-per-cent.aspx
http://www.kpmg.com/UK/en/IssuesAnd...ities/new-nuclear-an-economic-perspective.pdf
" To build a Fukushima-sized solar industry in Germany would, it estimates, cost $155bn. To build a Fukushima-sized nuclear plant would cost $53.5bn. And the power would be there on winter evenings."
http://www.guardian.co.uk/environment/georgemonbiot/2011/aug/08/greens-renewables-climate-change
Joe90 wrote:
No. While a first new plant would take many years, it can also be as low as 3 years (although can be higher) if one uses a standard design across many sites.Too late to take the nuclear option as it takes 15 years to get online.
http://nuclearinfo.net/Nuclearpower/WebHomeCostOfNuclearPower
15 years is an outdated estimate.
PS. I'm not actually against wind or solar, but we have to get real that we need large scale expansion of our nuclear plants if we want to keep the lights on, and reduce our emissions.
