Britain’s first new nuclear power plant in a generation appears to have got passed the final key hurdle, European Commission approval. I’ve written something on the issue over the Energy Collective here.
Hinkley C is in the words of some commentators, the world’s most expensive power plant. But who gains from such language? Offshore wind power developers who offer up electricity at a rate 50% higher than Hinkley C? Onshore wind power developers who offer up electricity at the same rate as Hinkley C? Strangely offering up anti-nuclear arguments that play directly into the hands of opponents of renewable energy is viewed as a sensible strategy by the folk who run organisations such as Greenpeace. But perhaps we can all agree with them that £90/MWh is too much to pay for electricity, and welcome a new dash for gas.