Meanwhile the cost of renewables and storage keeps on falling and falling over the decades.
I know there’s a certain demographic who seem to have a massive hard-on for nuclear, but it’s starting to seem like they’re fighting yesterday’s war.
Should we have prioritised nuclear over fossil fuels 30 years ago? Yes. Will nuclear still be our best bet by the time any projects were starting today can go live?
That’s looking increasingly unlikely.
Newsflash: Inflation drives the cost of everything up in line with inflation.
The cost of the electricity it produces will also have risen with inflation.
If this was in Scotland – the SNP would be getting blasted for the costs getting out of control.
Here – it is just a shrug of the shoulders.
Why is everyone getting richer except for the working class
You could install a lot of renewable energy for that money. And invent storage solutions. And provide energy security. And start delivery on a short timescale. But yeah, nookleear is good.
Not just gross mismanagement of the project from both EDF and the Chinese construction companies? They have done a poor job across Europe, with reactors not completed until several years past their initial deadline and some not even being turned on because of safety issues. Inflation is one part of the issue, especially in the last year or two, however the whole project is one big mess. It will be the same with Sizewell and any future reactors commissioned with EDF.
How come it is a 27% increase but official rate is only 13%?
Damn, if only inflation could be stopped like it was a made up thing from banks…
Nearly as much as the UK Test and Trace system, still a few billion to go yet though.
If they are charging everybody 60p per unit of electric, like myself then they would raise that figure in a month , natural gas prices comparable to 2016 so why isn’t my energy bill.
Surely it’s cheaper to dock all our nuclear submarines and wire their reactors to the National Grid. No! Maybe just supply every household with a petrol generator converted to run on hydrogen.
It’s funny, when I google “inflation” the definition of “greed” appears 🤔
Holy shit that’s a big cost! Still pro-nuclear, but boy that price-tag is eye-wateringly _**damn!**_
I don’t build nuclear power station, but my maths puts that way above inflation.
And from a company that made a LOT of profit from the wholesale generation of energy
15 comments
Meanwhile the cost of renewables and storage keeps on falling and falling over the decades.
I know there’s a certain demographic who seem to have a massive hard-on for nuclear, but it’s starting to seem like they’re fighting yesterday’s war.
Should we have prioritised nuclear over fossil fuels 30 years ago? Yes. Will nuclear still be our best bet by the time any projects were starting today can go live?
That’s looking increasingly unlikely.
Newsflash: Inflation drives the cost of everything up in line with inflation.
The cost of the electricity it produces will also have risen with inflation.
If this was in Scotland – the SNP would be getting blasted for the costs getting out of control.
Here – it is just a shrug of the shoulders.
Why is everyone getting richer except for the working class
You could install a lot of renewable energy for that money. And invent storage solutions. And provide energy security. And start delivery on a short timescale. But yeah, nookleear is good.
Not just gross mismanagement of the project from both EDF and the Chinese construction companies? They have done a poor job across Europe, with reactors not completed until several years past their initial deadline and some not even being turned on because of safety issues. Inflation is one part of the issue, especially in the last year or two, however the whole project is one big mess. It will be the same with Sizewell and any future reactors commissioned with EDF.
How come it is a 27% increase but official rate is only 13%?
Damn, if only inflation could be stopped like it was a made up thing from banks…
Nearly as much as the UK Test and Trace system, still a few billion to go yet though.
https://committees.parliament.uk/committee/127/public-accounts-committee/news/150988/unimaginable-cost-of-test-trace-failed-to-deliver-central-promise-of-averting-another-lockdown/
If they are charging everybody 60p per unit of electric, like myself then they would raise that figure in a month , natural gas prices comparable to 2016 so why isn’t my energy bill.
Surely it’s cheaper to dock all our nuclear submarines and wire their reactors to the National Grid. No! Maybe just supply every household with a petrol generator converted to run on hydrogen.
It’s funny, when I google “inflation” the definition of “greed” appears 🤔
Holy shit that’s a big cost! Still pro-nuclear, but boy that price-tag is eye-wateringly _**damn!**_
I don’t build nuclear power station, but my maths puts that way above inflation.
And from a company that made a LOT of profit from the wholesale generation of energy
[EDF and CGN are still going to have a cash cow](https://medium.com/generation-atomic/the-hinkley-point-c-case-is-nuclear-energy-expensive-f89b1aa05c27) when it eventually gets finished. The UK government should be paying for and owning UK infrastructure.