Of all the nonsense about nuclear power that one hears, the idea that somehow it is planning problems rather than financial issues that stop its development surely takes the biscuit.
I think this sums it up very well, nuclear fission has been a problematic scheme for a long time & still is very inefficient. There has to be better ways such as Solar, Wind , wave Geothermal of different flavours.
According to The Times, The Financial Times and The Telegraph its has been the Welsh language that has stopped nuclear!
Although in the case of Wylfa I distinctly remember the issue was ownership - while Hitachi, the Japanese Government and the U.K. Government agreed to split the funding equally, and the U.K. Government promised a MWh rate more generous that Hinckley, they also expected Hitachi to own it which they refused to do
To be fair to Hitachi, they never wanted to own a power station. They wanted to develop a project that used their reactors, and then sell whoever owned it those reactors
The Japanese only entered the U.K. after Fukushima as their own government stopped all development, and the German government asked German companies to divest
Hitachi said in 2012, 2016 and 2019, during various consultations and community newsletters, the project would not go ahead unless they owned less than 50% (I assume so that Horizon would not be consolidated onto the Hitachi balance sheet)
The day Hitachi wrote off the £2 bn investment their market cap jumped £8 bn
The FT had a good article at the time saying Hitachi could develop Wylfa or buy ABB Powergrids, but not both. They chose the latter and have been making hay with the growth of renewabkes
“ Pretty much nail’d it as far as the history goes but doesn’t mention anything about one very important result of this long running saga of bad governance. It is the mental health impact that it has and still is causing many people who live in the shadow and downwind of all proposed projects.
It also fails at the first fence to meet the requirements of the Future generation of Wales act.
I think this sums it up very well, nuclear fission has been a problematic scheme for a long time & still is very inefficient. There has to be better ways such as Solar, Wind , wave Geothermal of different flavours.
According to The Times, The Financial Times and The Telegraph its has been the Welsh language that has stopped nuclear!
Although in the case of Wylfa I distinctly remember the issue was ownership - while Hitachi, the Japanese Government and the U.K. Government agreed to split the funding equally, and the U.K. Government promised a MWh rate more generous that Hinckley, they also expected Hitachi to own it which they refused to do
In the absence of a buyer, the project folded
It failed to get a DCO on many things, the effects on the language and culture was only one of many.
The DCO decision was never made. It was withdrawn before the SoS made a decision
To be fair to Hitachi, they never wanted to own a power station. They wanted to develop a project that used their reactors, and then sell whoever owned it those reactors
The Japanese only entered the U.K. after Fukushima as their own government stopped all development, and the German government asked German companies to divest
Hitachi said in 2012, 2016 and 2019, during various consultations and community newsletters, the project would not go ahead unless they owned less than 50% (I assume so that Horizon would not be consolidated onto the Hitachi balance sheet)
The day Hitachi wrote off the £2 bn investment their market cap jumped £8 bn
The FT had a good article at the time saying Hitachi could develop Wylfa or buy ABB Powergrids, but not both. They chose the latter and have been making hay with the growth of renewabkes
“ Pretty much nail’d it as far as the history goes but doesn’t mention anything about one very important result of this long running saga of bad governance. It is the mental health impact that it has and still is causing many people who live in the shadow and downwind of all proposed projects.
It also fails at the first fence to meet the requirements of the Future generation of Wales act.