Russia worried that UK’s costly Hinkley project will discredit the global nuclear industry
Russia issues Hinkley nuclear warning, climate news,network September 19, 2016, by Terry Macalister State-owned Russian nuclear corporation says the industry’s credibility is at risk if building the new UK power plant is delayed or runs over budget.
LONDON, 19 September, 2016 – A major nuclear developer has warned the French energy giant EDF that it must deliver the Hinkley Point project in the UK on time and on budget or risk damaging the credibility of the wider industry.
In an exclusive interview with Climate News Network, Kirill Komarov, first deputy chief executive of Russian state-owned corporation Rosatom, expressed fears that problems at other EDF schemes − such as Flamanville in France andOlkiluoto in Finland − could be repeated.
Rosatom believes the decision by the UK prime minister, Theresa May, to give the go-ahead to the first new nuclear reactors in Britain for over 20 years was a major step forward, but knows that the eyes of the world will now be on a good performance at the Hinkley power plant in southwest England.
Komarov said: “It’s a good signal that the government confirmed its commitment to nuclear. At the same time, record-high cost and the risks of possible delays and cost overruns might undermine the reputation of the sector.”
The Russian group, which is constructing nuclear reactors in China, India and the Middle East, believes its own prices are up to 30% lower than EDF’s…………
Rosatom believes the UK should be wary of the potential delays attached to the new European Pressurised Reactor (EPR) designs that are being trialled at Olkiluoto, Flamanville and soon at Hinkley.
The company also reckons that the 1600 megawatt capacities of EPRs may be too large for the needs of the modern world. It believes its own VVER-designed 1000-1200 MW reactors are more suitable, especially in developed countries where power demand is unlikely to grow too much, because of energy efficiency and demand reduction policies.
Rosatom is clearly keen to sell its reactors in the UK, which has relatively tight regulations and is seen by EDF and others as a good shop window for the world http://climatenewsnetwork.net/russia-issues-hinkley-nuclear-warning/
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