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Hinckley Point C PWR nuclear generators

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By *ubal1 OP   Man
over a year ago

Newry Down

The current cost of these two nuclear reactors is 23,000,000,000 pounds.

That is 23 billion pounds; this new facility has a design life of sixty years, and the UK government has contractually agreed to buy electricity generated by this facility that is being financed by EDF and its Chinese partners, for all these years, the contract price for the first thirty five years being fixed at a rate much higher than any other source, such as as wind, hydro, etc.

Is this economic folly?

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By *ob198XaMan
over a year ago

teleford


"The current cost of these two nuclear reactors is 23,000,000,000 pounds.

That is 23 billion pounds; this new facility has a design life of sixty years, and the UK government has contractually agreed to buy electricity generated by this facility that is being financed by EDF and its Chinese partners, for all these years, the contract price for the first thirty five years being fixed at a rate much higher than any other source, such as as wind, hydro, etc.

Is this economic folly?

"

Putting ones national energy infrastructure in the hands of China is certainly folly, big folly. When they are ready China will win the 3rd world war before we even know it has started.

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By (user no longer on site)
over a year ago

As I look at the grid status for today, I see that our 15GW of installed wind capacity is generating 710MW.

Our 7GW (+-) of solar capacity is generating zero.

Current nuclear is at 4.5GW (two reactors undergoing servicing) and gas is providing 13.5GW.

France is selling us 3GW each hour, and Holland is selling us 1GW each hour.

The two reactors at Hinckley C will provide 3.2GW, for 60 years (+-).

Wind power is called "intermittent" energy.

Gas is called "dispatchable" energy, and nuclear is baseload.

We need the gas to provide rapidly variable energy to compensate for the unreliability of the wind generators. It is called "grid balancing", and without it the entire grid would have major problems. So, a bit more baseload would be nice to have. In fact, we could do with another 10GW of it.

Wait until the plans to have small modular local reactors hit the newspapers....

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By (user no longer on site)
over a year ago

Forgot to mention the diesel-powered STOR generators, only about a few hundred MW.

And the other part of STOR, where big-biz with its own generators powers itself to relieve the grid of some load....which includes hospitals (the local hospital has 3 x 500KVA diesel generators which are part of this).

Incidentally, when the wind power is too intermittent and cannot be used, it is still paid for.

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By *Xtriple7Couple
over a year ago

N Peterborough.

Been following it in the Private Eye.

As I understand it the whole project is being underwritten by the British taxpayers, no risk to EDF Energy.

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