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Green Economy nuclear reactor uk

Published on March 30th, 2012 | by Zachary Shahan

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More Nuclear Power Plans Trashed

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March 30th, 2012 by Zachary Shahan
 
 
After a spurt of nuclear news in the past week, we’ve got yet another story on the industry’s exit from the world energy stage — E.ON and RWE (German energy companies) announced yesterday that they are pulling out of a joint venture that would build a new nuclear power plant in the UK. Here are more details from AFP:

[repostus hash=60307ac870c07dd696b2cd34d261edfb title=RWE%2C%20E.ON%20pull%20plug%20on%20UK%20nuclear%20power%20venture host=AFP short=18qM9]

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About the Author

spends most of his time here on CleanTechnica as the director/chief editor. Otherwise, he's probably enthusiastically fulfilling his duties as the director/editor of Solar Love, EV Obsession, Planetsave, or Bikocity. Zach is recognized globally as a solar energy, electric car, and wind energy expert. If you would like him to speak at a related conference or event, connect with him via social media. You can connect with Zach on any popular social networking site you like. Links to all of his main social media profiles are on ZacharyShahan.com.



  • Bob_Wallace

    If you’re interested in the economics of nuclear you might want to read this….

    http://www.mng.org.uk/gh/private/risks_of_nuclear_investment_published.pdf

    It’s written for people who might be thinking of investing in new nuclear. I think it does an excellent job of laying out the arguments and backs them up with many references.

  • ThomasGerke

    It’s fascinating how the statements echoed in the UK Press slightly differ from the statements made by E.Ons CEO in the German press:

    “We’ve come to the conclusion that investments in decentralized renewable energy sources & energy efficency are more attractive for us & the british customers”

    Mhh…

    • Bob_Wallace

      It’s kind of like facts in one country are also facts in another country….

    • http://cleantechnica.com/ Zachary Shahan

      Yeah, I got the impression there was good effort to hide every anti-nuke/pro-decentralized energy they could.

      • ThomasGerke

        Indeed.
        Especially since E.On complained about the expansion of renewables endangering the profitability of new nuclear power plants in the UK back in 2010.

        This “warning” to the british government made quite some headlines in Germany, where the govenrment was pushing a lifetime extension for nuclear power stations and the Lobby pushing articles about how cheap nuclear truely is at the very same time.

    • Matt

      “E.ON wanted to focus on other more short-term strategic projects that delivered quicker benefits.”
      Or said another way
      Nuclear is too big a risk, there are smart ways to make energy and money.

      • http://cleantechnica.com/ Zachary Shahan

        And that’s the story, morning glory. :D

        (Businesses aren’t going to throw their money down the drain forever.)

        • ThomasGerke

          When they did throw money down the drain, it was usually not their money… ;)

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