Does EDF really need even more subsidies for Sizewell C?
In this week's Gossage, our columnist discusses the irony that is the UK Government's policy towards subsidising EDF.
In this week's Gossage, our columnist discusses the irony that is the UK Government's policy towards subsidising EDF.
Under new legislation, our normally parsimonious government has just earmarked a further £1.7 billion towards meeting their (uncosted) promise to ensure that another new nuclear fission power plant may possibly begin being built before the next election.
By doing so, our beloved leaders are ensuring that Sizewell C will now have subsidised development, subsidised construction, subsidised power production and subsidised waste management, for a project still being run by Europe’s most subsidised company, Electricité de France. Free markets? Don’t you believe it.
Recommended Reading
Are we overcomplicating the path to cheaper, cleaner energy?
Pulse Clean Energy’s Trevor Wills argues that the key to cheaper, cleaner power is deploying proven technologies at speed, not waiting for miracles.
Is grid connections reform finally fixing Britain’s queue problem?
Eclipse Power’s Laura Henry asks whether Britain’s grid queue overhaul offers real progress for developers facing tighter rules and uncertain dates.
Electrical Review to examine Britain's growing reliance on subsea electricity cables
Electrical Review is set to host a virtual Briefing on November 25, where it'll explore whether the UK is prepared to rely on a growing subsea grid.