<
https://reneweconomy.com.au/coalition-claims-of-a-nuclear-power-renaissance-in-uk-further-expose-its-shameless-policy-con/>
"In the one-page nuclear policy pamphlet the LNP released in June, federal
opposition leader Peter Dutton states that “of the world’s 20 largest
economies, Australia is the only one not using nuclear energy, or moving
towards using it.”
Even this claim lacks credibility and relies on half-truths – so no wonder
Dutton and his nuclear-spuiking sidekick Ted O’Brien are failing to get buy-in
on their delusion from those in their own party, let alone most experts.
The UK – the 6th largest economy in the world by GDP in 2023, and one which has
an established nuclear power industry – is a case in point for both the
problems with technology and its decline in some major economies.
Since 2000, nuclear power generation in the UK has more than halved from 85
terawatt hours (TWh) to a multidecade low of 41 TWh in 2023.
In the same period nuclear’s share of total UK electricity generation has
dropped from 23% to a record low of 14%. Energy analyst company Aurora Energy
forecasts UK nuclear generation could fall to a three-decade low of just 8 TWh
by 2029.
This ongoing, inexorable decline has occurred even as coal’s share of
electricity supply has plummeted from 32% in 2000 to just 1% in 2023.
Meanwhile, wind power doubled to 82 TWh from 2016 to 2023, and is exactly twice
the amount of energy produced by nuclear. UK solar has grown sixfold in the
last decade to 14 TWh, and is likely to double nuclear’s contribution by 2029.
While O’Brien has claimed there is nuclear renaissance in the UK, the reality
is the UK’s end-of-life nuclear fleet is rapidly approaching its use-by date.
France’s EDF owns the only five remaining nuclear power plants (with a total of
9 units) still operating in the UK, all due to be shuttered by 2028: Sizewell B
(to retire in 2025); Hartlepool 1&2 (retirement in March 2026); Heysham I 1&2
(March 2026); Heysham 2 1&2 (2028); and Torness 1&2 (2028).
EDF has flagged it would consider extending the life of some of these plants,
but no decision has been made.
EDF has now reported a €12.9 billion writedown on its under-construction
Hinkley Point C nuclear plant – an eye-watering mega-project debacle comparable
to the LNP’s Snowy 2.0 and Kurri Kurri gas plants in Australia – and pivoted
into developing wind, solar and hydro-electricity plants.
With a 2029-2031 commissioning date, Hinkley is running around 15 years late
from its original targeted completion date of 2017.
It has a rapidly rising estimated construction cost of £41.6-47.9 billion, or
A$80-93 billion, making the CSIRO GenCost estimates of nuclear in Australia
look conservative. EDF’s Hinkley Point C equity partner, China’s CGN, stopped
supporting the cost overruns in 2023."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
