Envirotec Magazine

DECEMBER 10, 2021

The UK Government awarded it subsidies under the Contract for Difference (CfD) scheme in April 2014, and it was to start running by September 2018. During COP26, Lord Goldsmith admitted the UK had ‘real problems’ with burning wood for electricity. By comparison, the CfD awarded to Hinkley Point C nuclear power station is £106.12/MWh.

Carbon 130

Carbon Pollution Government Law 130

Business Green

MARCH 10, 2023

However, it would bring the UK into line with a similar decision by the EU Commission last year to define both nuclear and some gas power projects as ‘green' within its investment taxonomy.

Nuclear Power 36

Nuclear Power Investment Fossil fuels Government 36

Business Green

MARCH 22, 2022

Boris Johnson has signalled a major gear shift for British energy policy, yesterday touting ambitions to significantly expand the UK's nuclear capacity over the coming years in response to heightened concern over energy security following Russia's invasion of Ukraine.

Nuclear Power 36

Nuclear Power Energy Energy Fossil fuels 36

Business Green

JANUARY 26, 2022

Business Secretary argues new nuclear projects are critical for enhancing energy security and cutting emissions, but critics argue that level of subsidy support is spiralling. Simone Rossi, CEO of EDF Energy, welcomed the new arrangement.

Government 36

Government Investment Construction Nuclear Power 36

Business Green

JULY 20, 2022

Business Secretary Kwasi Kwarteng has granted development consent for the Sizewell C nuclear power station on the coast of Suffolk, overruling the recommendations of the Planning Inspectorate on the grounds the power plant is set to play a critical part in decarbonising the UK's economy.

Nuclear Power 36

Nuclear Power Government Climate change Construction 36

Business Green

NOVEMBER 4, 2022

Plans for a new nuclear plant at Sizewell are reportedly under review by the government as it seeks to cut spending in a bid to tackle the UK's deficit, heightening fears that the 3.2GW low carbon power development could face further delays or even be axed altogether.

Nuclear Power 39

Nuclear Power Government Investment Carbon 39

Business Green

NOVEMBER 18, 2020

Here, BusinessGreen rounds up all the policies, commitments, and investment pledges in the 10-point plan: 1. Up to £500m investment is earmarked for developing the UK's hydrogen economy. Accelerating the offshore wind boom. Fast-tracking the EV transition.

Hydrogen 99

Hydrogen Government Electric vehicle Investment 99

Business Green

AUGUST 22, 2022

With EDF’s Sizewell C reportedly close to a government funding deal, the Tory leadership candidates are scrambling to identify credible fixes to the looming fuel poverty crisis. The project received the go-ahead last month, but negotiations over the funding arrangement between the government and French energy giant have been ongoing.

Business Energy Monitoring 66

Business Energy Monitoring Home Energy Monitoring Solar Energy Monitor Energy Monitor 66

Business Green

SEPTEMBER 16, 2020

Hitachi has officially scrapped plans to build new nuclear power plants at Wylfa on Anglesey and Oldbury in Gloucestershire amid ongoing struggles to drum-up additional financing for the high profile projects, it confirmed today, dealing another major blow to the nuclear industry's ambitions in the UK.

Nuclear Power 74

Nuclear Power Government Construction Packaging 74

Business Green

MARCH 27, 2023

However, delivering new projects at such a scale would require a major overhaul of the planning system to reduce the amount of unnecessary paperwork and red tape that is currently holding back the UK's "clean energy revolution". This will bring down costs and deliver good green growth - a win-win for all."

Nuclear Power 36

Nuclear Power Energy Energy Policy 36

Business Green

NOVEMBER 18, 2020

Here, BusinessGreen rounds up all the policies, commitments, and investment pledges in the 10-point plan: 1. Up to £500m investment is earmarked for developing the UK's hydrogen economy. Accelerating the offshore wind boom. Fast-tracking the EV transition.

Hydrogen 72

Hydrogen Government Electric vehicle Investment 72

Business Green

MARCH 3, 2021

While we navigate the effects of the pandemic and look forward to brighter and better times ahead, the UK's electricity and gas network companies are helping to create tomorrow's energy networks by transforming the way they operate while supporting the UK's net zero emissions targets.

Hydrogen 47

Hydrogen Innovation Natural gas Transportation 47

POWER Magazine

JANUARY 27, 2024

Over the past week, the UK government stepped up its nuclear agenda, doling out a £33.6 million grant under its Future Nuclear Enabling Fund to support GE Hitachi Nuclear Energy […] The post UK Nuclear Recap: Major Funding for GEH’s SMR and Sizewell C as Hinkley Point C Suffers New Hefty Delays appeared first on POWER Magazine.

Government 119

Government Energy Energy Investment 119

The Guardian: Energy

JANUARY 23, 2024

As nuclear plant is hit by further delay, real cost will be far higher after inflation is included, as project uses 2015 prices The owner of Hinkley Point C has blamed inflation, Covid and Brexit as it announced the nuclear power plant project could be delayed by a further four years, and cost £2.3bn more.

Nuclear Power 109

Nuclear Power Construction Energy Energy 109

The Guardian: Energy

FEBRUARY 16, 2024

French energy firm swung to profit in 2023 despite impairment charge on struggling nuclear project in UK The owner of the Hinkley Point C power plant has taken a near €13bn hit after delays and cost overruns to the vast nuclear project, which have triggered international political tensions.

Politics 87

Politics Energy Energy Nuclear Power 87

The Guardian: Energy

JANUARY 27, 2024

All six trade union representatives on the board of Électricité de France (EDF) voted against a deal to build a nuclear power station in the UK. It was just weeks after its finance chief, Thomas Piquemal, resigned from the company over fears that Hinkley Point C in Somerset was too great a risk. Continue reading.

Nuclear Power 80

Nuclear Power Politics Government Investment 80

Business Green

DECEMBER 14, 2020

To describe autumn 2020 as a busy period for green economy policy in the UK would be an understatement. However, today's publication of the Energy White Paper marks a significant milestone in the UK's net zero transition, representing the first detailed policy framework to be delivered in support of Johnson's new 'green revolution'.

Building Energy Monitoring 83

Building Energy Monitoring Business Energy Monitoring Home Energy Monitoring Energy Monitor 83

Business Green

SEPTEMBER 1, 2022

In a wide-ranging speech and question and answer session on the looming energy crisis facing the UK, Johnson urged his successor to deliver on the government's plans to approve one new nuclear project a year through to 2030 and accelerate the expansion of the country's booming offshore wind industry.

Government 69

Government Packaging Investment Europe 69