argues that the situation in Britain is different to that in Finland and France, and that its British reactors stand to benefit from cost reductions as it builds more copies of the same design in a way that its European reactors have not. This summer Julia Pyke, anhas had 45% more steel installed than the first unit over the same timeframe, and that the reactor’s cooling components had been installed 50% faster.
The risk of overruns is considerable, but the risks of failing to decarbonise are much greater. If Sizewelldoes not go ahead, Britain will lose any hope of reducing the cost of nuclear power, and thereby the realistic option of including it in the grid. Its existing nuclear fleet is scheduled for decommissing within the decade. Wind power is cheap and getting cheaper; nuclear power is yet to start moving in the right direction.
Hopefully this works out. Nuclear power is by far our best option for reliable, clean power well into the future.
mzjacobson ProfStrachan It should divert money to stop taxpayers refunding windfarms when they're switched off in periods of high demand. WE can't safely do that with nuclearpower which has only ever been 50% efficient at best. We need to Invest in energystorage. NoBrainer