Flamanville safety issues could delay Hinkley investment, investors warn

Utility Week, 20 April 2015

The Flamanville reactor is currently under construction in France and has already drawn criticism for running over both its schedule and budget, but fresh concerns over a manufacturing element key to the reactor’s safety has provoked fresh concern in the UK over EDF’s plans for Hinkley.

According to reports the French nuclear authority has been informed of "manufacturing anomalies" resulting in a potential weakness in the steel used to make the safety casing around the reactor.

UK investors noted on Monday morning that the impact on EDF’s earnings and the cost of the Hinkley project are likely to be negligible. But analysts at RBC Capital added that it could result in further delays to the Hinkley Point final investment decision (FiD).

“There is a likely impact to the timing of the FiD.... In summary, this is very worrying, and the fact that EDF has not elaborated on the possible impact does not help,” said analysts at RBC Capital.

A spokesperson for EDF was not immediately available to comment.

But the Office for Nuclear Regulation said in a statement that lessons would need to be learnt in France before undertaking the UK project.

“We expect learning from Flamanville to be taken into account in the manufacture of components intended for the planned new reactor at Hinkley Point C,” the ONR said.

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100% Renewables in the South-West is Possible

8 May 2015

The Stop Hinkley Campaign has called on the new Government to raise its ambitions on energy policy and transform the South-West England economy.

First the new Government needs to recognise that nuclear power is a dead duck. Then it should jump on the local energy revolution bandwagon and draw up plans for a 100% renewable energy system for the South-West by 2050, said campaign spokesperson Allan Jeffery.

Such a programme would deliver more jobs, and cheaper energy, at a lower cost and without all the local disruption which Hinkley implies. What are we waiting for?

The new Government has a choice go-ahead with the financial millstone of nuclear power with consumers paying for decades to come with much of the expenditure flowing out of the region, or develop a sustainable energy programme which will boost local jobs and the local economy . We urge them to choose the latter. said Jeffery

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A group from Stop Hinkley went to Brussels to protest against the subsidy for Hinkley C. We were joined by representatives of anti-nuclear groups from many other countries including Austria, Holland, Belgium and Germany. The demo took place outside the EU headquarters and our Euro MP Molly Scott Cato joined the list of speakers who inspired us.

The previous European Commission has approved scandalous nuclear subsidies for the construction and operation of the largest nuclear power plants in the world at Hinkley Point. This opens the floodgates for the construction of new nuclear power plants in Europe. We have appealed directly to the European Commission to complain against it. But only when the pressure of citizens is higher than the influence of the nuclear lobby will the new EC take back the wrong decision.

The World Nuclear Industry Status Report
The World Nuclear Industry Status Report 2014
The world's nuclear statistics are distorted by an anomaly whose cause is not technical but political. Three years after the Fukushima events started unfolding on 11 March 2011, government, industry and international institutional organizations continue to misrepresent the effects of the disaster on the Japanese nuclear program. To find a more appropriate way to deal with this situation, the World Nuclear Industry Status Report 2014 proposes a new category called Long-Term Outage. Click here for report

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Page Updated 09-May-2015

22 April 2015
No way nukes! Challenging the mainstream 'concensus' for nuclear power

All the 'main' political parties are backing nuclear power in bold defiance of all the evidence that it's expensive, dangerous and not even low-carbon, writes David Lowry. Even George Osborne just admitted that Hinkley C is 'unaffordable' - but supports it anyway. For a rational nuclear policy, the way is Green.
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09 Mar 2015
Hinkley Point: the Beginning of the End
Jonathon Porritt always said that the two proposed new reactors at Hinkley Point would never get built. Now he's not just saying it: he's absolutely convinced that they’ll never get built.
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What will be the total cost of nuclear waste?
We won't know until the final bill has been totted up in thousands of years. EdF won't take on that liability. EdF and the UK government are planning to dump it onto future generations.



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