- 12 May 2010

New Coalition Government Could Halt Britain’s Nuclear Plans

Tories and Lib Dems are closely aligned on a number of very important issues to secure the safety of the UK energy industry, like the creation of the UK’s green investment bank to support renewable energy generation investments, enhance the overall energy efficiency as well as government intervention in the carbon allowance market.

Oil Rig Disaster

However, when the subject is Nuclear power both parties have opposite policies. The Tory policy wants to allow new nuclear power stations to be opened every 18 months whilst a key Lib-Dem manifesto goal was to halt the building of new nuclear power stations.

According to experts, Britain’s nuclear power programme of building up to 10 new stations could be at risk if the Liberal Democrats gain influence over energy in this new coalition government.

Ben Caldecott, head of policy at investment manager Climate Change Capital, said a Coalition Government could cause delays when investors need certainty.

“Nuclear is the biggest difference in energy policy and I can see it potentially getting kicked into the long grass if there’s a deal between the Tories and the Lib Dems, it could conceivably be one of the concessions that the Tories make and, as a result, an ambitious new build nuclear programme could be delayed. There’s no doubt a hung parliament does bring additional uncertainty.” he said.

And he added:

“If DECC [Department for Energy and Climate Change] did change hands and go yellow, then an ambitious new build nuclear programme is less likely to get going.”

John McNamara speaking on the behalf of 200 companies involved in the nuclear sector better known as the Nuclear Industry Association said that he the sector is confident that the nuclear plants will be built.

“We would just urge the Politicians to move forward with forming UK energy policy quickly,” he said.

Britain’s biggest energy suppliers like EDF, Centrica, RWE Npower and EON, all of which have plans to invest in new nuclear power plants have remained publicly silent during the negotiations.

Experts believe these negotiations could be costly and lengthy right when these companies are in need of certainty to start investing in the sector.

What is your onion about all this? Could Britain’s new coalition government put a halt on the construction of new nuclear power plants? Are you in favour or against nuclear power generation?

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13 Comments »
  1. Nice writing. You are on my RSS reader now so I can read more from you down the road.

    Allen Taylor

    Comment by Allen Taylor — May 12, 2010 @ 2:45 pm

  2. The UK Government Nuclear Plans…

    We need more power, and without nuclear energy where is this going to come from? we cant just rely on importing everything….

    Trackback by pligg.com — May 12, 2010 @ 2:51 pm

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    Pingback by Tweets that mention New Coalition Government Could Halt Britain’s Nuclear Plans -- Topsy.com — May 13, 2010 @ 2:49 am

  4. The UK Government Nuclear Plans…

    We need more power, and without nuclear energy where is this going to come from? we cant just rely on importing everything….

    Trackback by share-news.net — May 13, 2010 @ 8:29 am

  5. The UK Governments New Nuclear Plans…

    we need to be self sufficent in the UK, we cant keep relying on external factors, that keep making energy prices rocket….

    Trackback by pligg.com — May 15, 2010 @ 9:36 pm

  6. The New Government Nuclear Plans…

    we need to be self sufficent in the UK, we cant keep relying on external factors, that keep making energy prices rocket….

    Trackback by socialwebcms.com — May 16, 2010 @ 8:34 pm

  7. The UK Governments New Nuclear Plans…

    Look at France, they have the right model, plenty of energy, a safe history and no major security issues to worry about….

    Trackback by social.weehz.com — May 18, 2010 @ 12:14 am

  8. The UK Government Nuclear Plans…

    Look at France, they have the right model, plenty of energy, a safe history and no major security issues to worry about….

    Trackback by links.coolmsgs.com — May 19, 2010 @ 2:46 pm

  9. The New Government Nuclear Plans…

    we need to be self sufficent in the UK, we cant keep relying on external factors, that keep making energy prices rocket….

    Trackback by pligg.com — May 26, 2010 @ 10:08 pm

  10. The New Government Nuclear Plans…

    Look at France, they have the right model, plenty of energy, a safe history and no major security issues to worry about….

    Trackback by smash-up.com — June 4, 2010 @ 11:24 am

  11. The UK Government Nuclear Plans…

    we need to be self sufficent in the UK, we cant keep relying on external factors, that keep making energy prices rocket….

    Trackback by pligg.com — June 7, 2010 @ 6:54 am

  12. The New Government Nuclear Plans…

    We need more power, and without nuclear energy where is this going to come from? we cant just rely on importing everything….

    Trackback by pligg.com — June 7, 2010 @ 7:39 pm

  13. The New Government Nuclear Plans…

    Look at France, they have the right model, plenty of energy, a safe history and no major security issues to worry about….

    Trackback by pligg.com — June 8, 2010 @ 8:29 am

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