Reply to: Lets not have EDF build our nuclear future

[AtW]

I'm sure they'd love EDF to get a massive contract.

EDF shares gone down when EDF board approved the deal and gone up when this "pause" was announced...

[tomtomagain]

So you don't think this "Pause" has anything to do with putting a bit of pressure on the French government when it comes to negotiating BREXIT.

I'm sure they'd love EDF to get a massive contract.

[WTFH]

The UK doesn't have any plans for anything.

Not even to leave the EU.

[PurpleGorilla]

A bad deal is a bad deal. Hinckley will cost a fortune and EDF will be subsidised by (Cameron's government agreed) higher electricity bills. I thin k nuclear is the way forward, but should be home grown. An opportunity to develop thorium reactors, perhaps? Problem is, that the UK's energy plan doesn't seem sufficient for the future.

The UK doesn't have any plans for anything.

[Hobosapien]

We should print the money for these big infrastructure projects and use British companies, employing (mostly) British workers.

And where we don't have the skills (apparently those that built the first/last British nuclear reactors are all in care homes dribbling out of both ends) get contractors in. Sometimes a permie just will not do.

Aside from trying to predict the energy needs in 20 years+ maybe they should spend all these billions on making homes more self sufficient. Solar panels, mini windmills on the TV aerials, and rain driven mini turbine energy in the gutter down pipes. Only a matter of time before someone goes on Dragon's Den with that solution, if not done already. Then the existing power stations and whatever greener replacements are coming along will cover the rest of the demand, as much of it will be decentralised.

[NotAllThere]

I thought Brexiters wanted to have new deals with EU AND non-EU .
Isn't this deal one of them then? France + China. Have fun!...

A bad deal is a bad deal. Hinckley will cost a fortune and EDF will be subsidised by (Cameron's government agreed) higher electricity bills. I thin k nuclear is the way forward, but should be home grown. An opportunity to develop thorium reactors, perhaps? Problem is, that the UK's energy plan doesn't seem sufficient for the future.

[DodgyAgent]

Get Fracking

[Milkyway]

Britain casts doubt on EDF's $24 billion nuclear project | Reuters



New petition: Stop Hinkley nuclear plant and spend the money on renewable instead | Greenpeace UK


I can see this working out well, an almost bankrupt French energy giant and a post Brexit govt working on the most expensive building in the world, technically almost impossible, with the green lobby fighting it at every turn.

Personally, I'd rather have more gas powered stations. Cheap, relatively clean, simple and British run.

I thought Brexiters wanted to have new deals with EU AND non-EU .
Isn't this deal one of them then? France + China. Have fun!
I am sure there will be more coming!
Imagine what deals we will have after invoking A50!!! Oh, well! A50 is never going to happen! ... considering Farage has already called 24th June the Independence day, and he has said we have taken our country back!
I agree with him happily... there is no need to invoke A50. We have full control of our country now! Invoking M25 is enough!

[AtW]

My interview with their trading commodities arm left me running away, very fast. I'd have beaten Bolt over the threshold out the door.

Did they ask you to start the reactor?

[Scruff]

My interview with their trading commodities arm left me running away, very fast. I'd have beaten Bolt over the threshold out the door.

[Malcolm Buggeridge]

I wish they'd just frikkin get on with it so I can jack up the rent on my BTL in Bridgwater

[SueEllen]

5 year plan!!!

Tractor production will increase by 200% or else!!!

We use to have something like that - then it was decided privatising everything was more efficient and cheaper...

[AtW]

We could even have something sort of central, like, for generating electricity and planning stuff, we could call it the central electricity generating board.

5 year plan!!!

Tractor production will increase by 200% or else!!!

[DimPrawn]

Makes sense to cancel this deal - why borrow from French and Chinese to pay them effectively high interest on the debt, when money can be printed for free or for very low interest of 2%???

^ This. The energy (if it ever works, which is highly unlikely - See the GAL post for details) will be very expensive, the French will sting us as bill payers.

We should print the money for these big infrastructure projects and use British companies, employing (mostly) British workers.

[AtW]

Makes sense to cancel this deal - why borrow from French and Chinese to pay them effectively high interest on the debt, when money can be printed for free or for very low interest of 2%???