The UK Government has taken the first steps towards a generation of new nuclear power stations in the country with the launch today of a consultation on plans from the Nuclear Industry Association.
After the surprise announcement by UK Government establishing a new Department of Energy and Climate Change (DECC), an outline of its remit and responsibilities has been announced.
A new £12.5 billion takeover offer for British Energy by French-owned energy company EDF has been welcomed by the UK Government, who holds a 36% stake in the company.
Nuclear power is “absolutely indispensable” to the UK, says Business Secretary John Hutton, who is addressing the first meeting of the Government’s new Nuclear Development Forum today.
Nuclear power generation capacity could double by 2030 to 748 GW(e), according to the International Atomic Energy Agency’s latest annual report.More conservative estimates still predict a 27% increase over current levels to 473 GW(e).
UK Prime Minister Gordon Brown has ruled out a windfall tax on energy companies as a “short-term gimmick” and is instead urging greater energy efficiency.
EDF’s plans to make a bid for British Energy appear to have fallen through, although discussions are continuing according to a statement from British Energy.
Exelon, one of the largest electric and gas utilities in the US, has unveiled an environmental action plan to reduce its greenhouse gas emissions and those of its customers and suppliers.
Business Secretary John Hutton is calling for the UK to become the world’s number one location for investment in nuclear power.
Energy ministers from the world’s leading industrialized nation and largest consumers have pledged commitment to energy efficiency to tackle rising oil prices and climate change.