Nuclear New Build in the UK a personal view William J. Nuttall ...

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Before Fukushima High Costs and Major Economic Risks Were Threatening Nuclear New Build in the UK
UK Electricity Market Reform 2011 In December 2010 the UK Government issued a consultation paper proposing four important market changes: 1. Establish a stable and significant floor to the carbon price 2. New ‘Contract for Difference’ Feed in Tariffs for low carbon electricity generation investments 3. Capacity Payments - moving away from energy only markets 4. Emissions Performance Standard which would block new unabated coal generators These are arguably the most radical Eight proposals new build in sites UK energy remain policy for more than 20 years. They on-track are now for at new the nuclear heart of power the 2011 Electricity Market Reform White by 2025 Paper. Are these measures sufficient to make nuclear new build viable
Page 1 and 2: Nuclear New Build in the UK a perso
Page 3 and 4: Economics Energy Policy Security of
Page 5 and 6: With thanks to D Newbery EPRG, Data
Page 7 and 8: 2008 White Paper - main measures 1.
Page 9 and 10: UK Timeline, Pre-Fukushima Source:
Page 11 and 12: Capital Costs Dominate 20% Operatio
Page 13: Impact of EU Policy - EU 20:20:20 b
Page 17 and 18: ‘No Subsidy’ for Nuclear Power
Page 19 and 20: Government • UK Government resolv
Page 21 and 22: A Closing remark on Fukushima Conce

Nuclear New Build in the UK a personal view William J. Nuttall ...

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