Gcr – sectors – expert opinion deeply divided on case for hinkley nuclear

“Getting Hinkley right really matters to EDF: they’ve got a huge amount invested and they’ve had many boardroom discussions and engineering and technical discussions about this project, and they’re very confident about taking it forward” – Ben Britton, Imperial College London

The European Pressurised Reactor (EPR), is a third-generation design by French nuclear engineer Areva being installed at Hinkley by France’s EDF and China General Nuclear Power Group (CGN).

So far in Europe, two power stations have been started with this design, and both have gone horribly wrong: Olkiluoto 3 in Finland is now nine years late, and Flamanville 3 in Normandy is currently running three years late, and is three times over budget. Electricity news philippines If the latter opens at the end of 2018, as presently predicted, it will have taken 11 years to build.

Paul Dorfman, senior research fellow at University College London’s Energy Institute, argues that the EPR can be regarded as “a failed reactor”.

He says: “I think it’s generally understood now that the EPR is too complex to be built on time or to cost – you simply cannot do it.” He adds that the other two reactors that will be put into the UK’s new nuclear units, the Toshiba-Westinghouse AP1000 and the GE Hitachi Advanced Boiling Water Reactor, also have issues with their designs.

The backers of Hinkley C argue that, although it’s a stretch to call what happened at Olkiluoto and Flamanville teething problems, that is basically what they are. Hp gas online registration Diane Coyle, professor of economics at Manchester University, says: “The people at EDF Energy have learned the lessons from Flamanville, and the two EPRs that are due to be installed in China’s Taishan power station are still due to start up next year.”

Ben Britton, a research fellow in advanced nuclear engineering at Imperial College London, echoes this, and adds that the French and Chinese engineers at Hinkley will be the ideal team to tackle EPR five and six. Gas and water llc “The Chinese have built very similar designs in Taishan, they have done cold tests, and they are likely to start switching on the reactors in the next four months,” he says. Electricity quiz for grade 5 As for EDF, failure simply isn’t an option. Hp electricity bill payment online “Getting Hinkley right really matters to them: they’ve got a huge amount invested and they’ve had many boardroom discussions and engineering and technical discussions about this project, and they’re very confident about taking it forward. Electricity generation in usa I would take that as a good sign that it’s a horse worth betting on.”

EDF puts the build cost of Hinkley C at £18bn over 10 years, excluding finance costs. Electricity word search j farkas answers This is high by international standards, and also high compared with the UK’s other planned reactors, such as NuGen’s £10bn Moorside scheme in Sellafield. Gas efficient cars 2012 The high cost reflects the fact that the UK has to start from scratch in mobilising its nuclear construction supply chain before it can begin work.

EDF will fund around two thirds of that £18bn, and CNG about a third. Youtube gas station karaoke To help them recoup their investment, the UK government has negotiated what is generally regarded as a generous deal. Gasco abu dhabi careers It will pay a guaranteed price (called a “strike price”) for Hinkley’s electricity for 35 years after the turbines fire up in about 2026 (EDF says it will take 10 years to build). Electricity voltage in canada The strike price will be index linked.

After 35 years Hinkley can charge only whatever the wholesale market price is at the time for the remainder of the plant’s 60-year design life. Gas 78 facebook Thirty-five years is a generous cushion period; renewable power schemes typically get 15 years.

“If we go for this project we absolutely will not have the money to do the things that we really need to do with grids and renewables” – Paul Dorfman, University College London

This price was set in 2013 at £92.20 per megawatt hour (£89.50 if EDF’s other scheme at Sizewell C goes ahead). Gas house The electricity suppliers that buy Hinkley’s power will only pay the wholesale price for it, and this is presently about half of the strike price. Power per kwh The shortfall will be made up by “contract for difference” (CfD) payments, ultimately funded by consumers. V gashi halil bytyqi This means that the lower the price of electricity falls, the more consumers have to pay for the bit that comes from the third generation nuclear stations. Gas stoichiometry lab The NAO estimates that consumers will pay £29.7bn in top-ups throughout the 35-year guaranteed-price period, based on the wholesale price of electricity in March 2016.

EDF negotiated the strike price to cover not just construction costs, but also risks that it, CGN, and their lenders have to bear, such as delays, technical problems and government policy changes. Gas key staking Many see it as a public subsidy.

CfD payments for renewables such as offshore wind are higher now than those agreed for Hinkley C, but they may not be soon. Gas definition physics Paul Ekins, an economist and professor of resources at the UCL Institute for Sustainable Resources, says: “It’s perfectly clear to me that this is likely to be above what offshore wind will come in at by 2020 and certainly it will be more expensive by 2025, which is the earliest that Hinkley can come online. Gas monkey monster truck hellcat So the nominal cost of its power will rise for 35 years whereas the trend in renewables is very firmly downwards.”

Some financial analysts have argued that this will make Hinkley C the most expensive power station in the world per megawatt produced. Electricity hero names A report by Liberium Capital in 2013, released shortly after the strike price was agreed, suggested that it was “economically insane” for the consumer, but would allow EDF and CNG to recoup their capital costs in the first 35 years.

For Dorfman, a critic of the scheme, it means that Hinkley will drain finance from the renewables sector. Chapter 7 electricity In particular it will take up the money allowed for renewable subsidies by the Levy Control Framework – a mechanism brought in to protect the consumer by capping such subsidies. E85 gasoline The framework set the bar at £2bn in 2011 and will raise it to £7.6bn a year in 2020. Electricity symbols He says: “We are giving them a 35-year contract index linked, with [£2bn] loan guarantees that will inevitably be used because there’s no question that Hinkley will overrun. Gas oil ratio chainsaw If we go for this project we absolutely will not have the money to do the things that we really need to do with grids and renewables. Grade 6 electricity worksheets The nuclear option will have eaten up the Levy Control Framework.” In other words, “bad” power drives out “good”.

He adds that, alongside the construction costs and CfD payments, a full accounting has to factor in the management of nuclear waste, the ever-rising estimates for decommissioning, for which the UK government retains some liability, and other more extreme possibilities. Power company near me For example, Dorfman quotes a 2008 Institute of Mechanical Engineers report called Adapting to the Inevitable, which raises the possibility that nuclear power stations such as Sizewell will “require considerable investment to protect … against rising sea levels, or even abandonment/relocation in the long term”. 7 cases movie A price worth paying?

Are the economics “insane”? Proponents of Hinkley point out that it depends on what happens to the price of fossil fuels, which largely determines the wholesale price of electricity. Electricity and magnetism review game The wholesale price is low now because fossil fuel prices are so low. Electricity lyrics But because fossil fuel prices are low, investment in oil and gas exploration has fallen off a cliff, which means that supply might be constrained in 10 years or so, sending fossil fuel prices and cost of electricity up – which would make Hinkley C’s strike price seem not so insane after all.

And what about renewable energy? Investment in renewables is widely applauded, but solar and wind must be backed up by base load generation to keep the lights on when the wind fails and the sun goes down. Gastroenteritis Nuclear, the argument goes, is the only way to ensure high-efficiency, low-carbon base load.

Diane Coyle argues that natural gas, which is basically methane by another name, is hardly low-carbon, and therefore is not the best choice for base load. 4 main gases in the atmosphere Ben Britton concurs. Gas x strips side effects The UK has a high population density with big energy demands. Gas news australia “So, what we need are a few pockets of low-carbon energy that enable us to do great things with our renewables.”

As for Dorfman’s hidden costs, Britton argues that nuclear is held to higher standards than any other part of the power industry, and points out the downsides of both fossil fuels and renewables. Gas and water mix “With fossil fuels, fly ash, carbon dioxide and radioactive isotopes all go up the chimney and we sort of forget about them. Electricity storage association With renewables there is a cost to putting up a wind turbine in terms of its impact on local habitat and the rare earth materials that go into the gear box.”

And whereas the first generation of the UK’s power stations were designed to produce plutonium waste for the UK’s nuclear weapons, modern plants are much more efficient. Gas smoker ribs “What you want is to get as much energy as possible from the uranium dioxide,” says Britton. Electricity in salt water experiment “I’ve calculated that a 3GW nuclear power station will generate to 600 to 1,000 cubic metres of low-to-intermediate-level waste and discharge about 71 tonnes of fuel each year, which is equivalent to a 225 cubic metre disposal volume after encapsulation. Gas prices going up So, Hinkley C will generate less than one Olympic swimming pool of low-to-intermediate waste per year, and it will take 10 years to fill one pool with unprocessed fuel discharge, and in return you’re getting 6% of the UK’s electricity. Electricity 101 pdf An equivalent coal-fired station would produce 1.2 million tonnes of ash.” Do you need base load?

Britton’s point is that, by providing the base load, the nuclear industry actually makes a renewables-first energy policy possible. Gas news in hindi If that really is the case, then the cost of construction risk, the operating costs and the cost of decommissioning and final waste disposal will be painful but worth it, particularly if we eventually get better reactors, and cheaper modular versions.

If it is not the case, then nuclear actually limits our ability to power homes and businesses. La t gastrobar opiniones This is partly because when renewables cut into base load demand, and you don’t have a way of storing the excess electricity, it all has to be dumped off the system because you have nuclear stations running, and they cannot be switched on and off at whim. 6 gas laws It is a hidden cost of nuclear.

The other thread of the argument is that the money that could be spent on developing smart grids, storage and demand management technology, which would allow us to manage base load requirements using renewables, will get eaten up by the nuclear renaissance because of the Levy Control Framework, thus retarding the development of an advanced power network.

It appears to come down to how much faith one has in technology. Electricity outage Some economists, such as Diane Coyle, argue that nobody knows if grid technology will ever allow us to store enough surplus renewable energy to solve the “intermittency” problem and make back up and base load plants obsolete.

For others, such as Ekins, it is a choice we can make. Electricity pick up lines “Technologies such as energy storage, demand-side response with smart meters are already being installed … the full implications of which are not yet understood,” he says. Electricity estimated bills “My feeling is that before 2025, something like Hinkley Point would be needed to meet base load demand, but that after 2025 it’s increasingly unlikely that it will be Hinkley Point, because there will be these other grid management options available that are considerably cheaper than Hinkley. Gas and bloating after miscarriage But Hinkley won’t come on stream until 2025.” Could rainy UK go completely renewable?

The need for base load supply is one of the most hotly contested parts of the nuclear debate, but one academic believes it is a myth, even in rainy UK.

“Global supply of electricity, and possibly all energy, entirely from renewable energy is now technically feasible,” says Mark Diesendorf, associate professor at University of New South Wales.

He admits that UK has much less solar resource per square metre than hot countries. Gas unlimited sugar land tx But he says wind energy could be used to produce “windgas”, by electrolysing water to make hydrogen, then converting the hydrogen to methane, which can fuel existing gas turbine power stations.

This argument was developed by the German consultancy Energy Brainpool this year to argue that a combination of wind energy and “windgas” could provide 3.2GW – as much power as Hinkley Point C.

Diesendorf says wind energy could produce other renewable gaseous and liquid fuels to generate heat, electricity and power vehicles. Electricity and magnetism quiz questions If the UK ever fell short, it could import renewable energy from elsewhere.

“Those countries that don’t have sufficient indigenous renewable energy resources to achieve 100% renewable energy would import renewable energy by transmission line or tanker carrying liquid or gaseous renewable fuels,” he says. K electric jobs “Some countries and regions, such as Australia and North Africa, have huge potential for exporting renewable energy.”

Diesendorf cited a 2014 study by Stanford University engineering professor Mark Jacobson, which argued that all energy use in the US, including transport and heat, could be supplied by renewable electricity.

• This article is taken from a longer analysis to be published in the forthcoming edition of Construction Research & Innovation. E payment electricity bill mp Visit here to find out more or order a copy.