Given how long the old Magnox reactors lasted beyond their intended life-span I'd say we were pretty good at building nuclear power stations. The Chinese-built reactors you can guarantee will be crap, just like everything else that comes from there, and what happened to good old-fashioned sticking two British fingers up at the French and beating them at their own game?
Hinkley Point C
- Thread starter Danthus
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Given how long the old Magnox reactors lasted beyond their intended life-span I'd say we were pretty good at building nuclear power stations. The Chinese-built reactors you can guarantee will be crap, just like everything else that comes from there, and what happened to good old-fashioned sticking two British fingers up at the French and beating them at their own game?
The actual hit on consumer bills is low.
In the long term would you rather pay a little more for a stable electricity supply or have a cheaper unstable supply
Especially as at the moment we're already paying anything up to 3 or 4 times the normal price for certain more unreliable power generation methods.
And of course the price for electricity is likely to increase over time anyway, fo guaranteeing a minimum price isn't such a big thing.
Soldato
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I'm all for nuclear power but we shouldn't take external investment. Something so deadly and so critical should be government owned. If we get foreign people in where's the investment into the UK with regards to training and qualifying?
Have a read of the Windscale reactor fire. It's (genuinely) super-interesting. And scary as ****.
https://en.wikipedia.org/wiki/Windscale_fire
Trying to bash out reactor core cartridges with scaffold poles
The Windscale fire of 10 October 1957...
10 October 1957
1957
Blame Thatcher, not the 'hippies'.
Diabolical decision.
Why are we even building nuclear power ? More wind farms by the bucket load, more solar buy the bucket load and when we crack fusion (which we will) we can just take a big pick axe to the concrete and put some grass over the top. Sure this is 25-30 years away buts it better than 2000 years of mess.
Why are we even building nuclear power ? More wind farms by the bucket load, more solar buy the bucket load and when we crack fusion (which we will) we can just take a big pick axe to the concrete and put some grass over the top. Sure this is 25-30 years away buts it better than 2000 years of mess.
Those Commies will important access to our infrastructure and god knows what else.
This is exactly my position too.
I wasn't referencing as a scare story, just a super interesting read. And it really is.
This point keeps coming up and its so flawed.
They aren't selling the energy now, there selling it in 10 years time. So it needs to be compared to the forecast price then.
And is the agreed price going to rise with inflation or is it a flat fixed price for the life of the plant?
Yeah did read it and saw there is a BBC documentary as well.
Who forecast the price?
Protest to much?
it is a 35 year option... you'd have to pay rather a lot of money to lock in the current price for 35 years
No idea, but comparing it to today's prices is rather (or more likely, deliberately) misleading.
So is that price a fixed guaranteed value for the life of the powerstation?
Edit: Man maths if it is. At the UKs target of 2% inflation the current £45 per unit will be about £54 per unit when the powersration comes on line in 2025. That rises to £110 in 2060, 35 years after opening. The average over that 35 years is about £80. So the £90 guaranteed rate over the period is only £10 more than the forecast average of the current rate, so only 12% up. Not really that bad? They start losing out after about 25 years.
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Associate
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Except the agreed strike price is indexed linked to CPI (or maybe RPI cant remember which).
So if we assume roughly 2% inflation in 2025 it will be £118 and in 2030 £133 and so on. If inflation is higher or lower then it will amend accordingly.
Also im not sure who is responsible for decomm and clean up under this contract.
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
Because you'd complain about the money spent on it.