UK plans to build new nuclear power plants

Like France, which plans to build new EPRs, or Poland, which plans to take off on corn, the UK could build up to seven nuclear power plants by 2050 while betting on offshore wind power under a new strategy. The goal: to increase its energy independence after the Russian invasion of Ukraine, said on Sunday in the Sunday Telegraph Kwasi Quarting, Britain’s energy minister.

Target: net zero emissions by 2050

“The idea is that given what (Russian President Vladimir) Putin is doing, we don’t want to live in a world where we depend on Russian hydrocarbons,” the minister said, noting that “wind at sea, especially nuclear power” were “means of having electricity generation capabilities in the United kingdom “. “There is a realization within the government that we can do more on nuclear issues,” he added.

According to the Sunday Telegraph, after intense internal discussions, the government of Conservative Prime Minister Boris Johnson is set to present its strategy on Thursday to reduce the UK’s dependence on energy and achieve net zero emissions by 2050.

In 2050, he continued, “there is a world we have six or seven locations in the UK.” “It won’t happen in the next couple of years, but it’s definitely what we can aspire to.”

Two large power plants and SMRs

According to the Sunday Telegraph, the plan calls for at least two large nuclear power plants to be built by 2030, as well as small modular reactors, so most operating nuclear sites must be closed by this deadline.

Small Modular Nuclear Reactor (SMR): Rolls-Royce and the UK Step Up Global Competition

Conversely, hydraulic fracturing and onshore wind power will not have a central role in the new strategy due to the “strong domestic opposition” these technologies have faced, the minister emphasized.

In addition to sanctions against Russian interests, London has also targeted the energy sector, with a ban on oil imports by the end of the year.

Hinkley Point: Complete Review of Cost and Schedule Estimates

This information comes as EDF plans to revise cost estimates and schedule for the nuclear power plant project in the near future. Hinckley Point C in Britain due to Ukraine conflict, Covid-19, supply chain disruptions and inflation.

“A new comprehensive review aimed at updating the cost and schedule estimates announced in January 2021 is underway and should be completed by summer,” the EDF outlines in its annual report.

The French energy supplier updated the construction schedule in January 2021. Then he reported a six-month delay to the opening of the UK’s first nuclear power plant and adjusted the project cost by £500m (€595.84m), for a total of between 22 and 23 billion pounds.

The opening of the factory was initially scheduled for 2025, at an estimated cost of EGP 18 billion. Other similar projects in Flamanville, France, and Olkiluto, Finland have also been delayed, and their bills have skyrocketed.

Among the factors affecting these projects, EDF cites the continuing impact of the health crisis, weaker-than-expected civil engineering performance, tensions in global building materials markets as well as the fallout from Brexit. Marine work has also slowed due to delays in obtaining permits. Action plans are underway to mitigate the risks of delays and actions are being taken to improve civil engineering performance, EDF outlines.

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Gazprom withdraws from its German and British subsidiaries

Russia’s Gazprom Group announced on Friday its withdrawal from its subsidiaries in Germany and Great Britain that notably guarantee gas distribution, a measure with uncertain consequences while the threat of disruption of energy shipments to Europe looms. Subsidiaries of Gazprom are the main operator of gas and fuel storage infrastructures in Germany. In the UK, Gazprom Energy, a subsidiary of the German entity, supplies gas and electricity to more than 30,000 British private companies and public institutions. According to the German press, Berlin has begun to study the option of nationalizing subsidiaries of the Russian gas company, as well as companies of the first Russian oil group “Rosneft” to ensure the country’s supply if they find themselves in financial difficulties.

Kremlin spokesman Dmitry Peskov responded on Friday that such a plan would undoubtedly be a flagrant violation of international law and all conceivable rules and laws.

Germany’s Gazprom is unaffected by the sanctions against Russia, but the company is struggling, seeing its business partners distance themselves. The British government will also be ready, according to the press, to take over the activities of Gazprom in the UK in the event of bankruptcy.

The British government will also be ready, according to the press, to take over the activities of Gazprom in the UK in the event of bankruptcy.