• 4 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 7 minutes Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 13 minutes NordStream2
  • 1 day Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 4 hours California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 9 mins "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 5 hours "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 9 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 4 hours An Indian Opinion on What is Going on in China
  • 1 day Two Good and Plausible Ideas about Saving Water and Redirecting it to Where it is Needed.
  • 10 hours Can Technology Keep Coal Plants Alive and Well?
  • 2 days Succession Planning in Human Resources for Vaccinated Individuals in the Oil & Gas Industry
  • 3 days Perfect Energy Storm in Europe: turning our back on fossil fuels is easier said than done!
  • 3 hours U.S. : Employers Can Buy Retirement Security for $2.64 an Hour
  • 8 hours Storage of gas cylinders
  • 4 days Nord Stream - US/German consultations

British MPs Throw all Their Eggs in One Basket with Nuclear Power Plans

The UK government is placing all of its eggs in one basket as it hopes that Nuclear power alone will be able to provide the 16GW it needs to install by 2025 in order to meet its renewable energy goals.

MPs from the Energy and Climate Change Committee, have released a new report which looks at the barriers to installing the 16GW necessary to meet targets by 2025.

The nuclear industry does have 16GW of new projects in the pipeline, but concerns exist that delays would see the UK miss its targets. The report notes that industry stakeholders have claimed installing 16GW of new nuclear power capacity by 2025 is at best “ambitious” and at worst “unrealistic.”

Related article: Indian Nuclear Power Plant Sparks International Fears

Chairman of the committee Tim Yeo stated that “if new nuclear power stations are not built on time, our legally-binding climate change targets will be extremely challenging and much more expensive to meet.

Ministers need to urgently come up with a contingency plan in case the nuclear industry does not deliver the new power stations we need.”

John Hayes, the Energy Minister, is pleased with the report, but assures us that there is no need for a plan B.

“The Government is determined to see new nuclear play a role in our future energy mix, as it does today. We are working to make the UK one of the most attractive places in the world to invest in new nuclear.”

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News