U.K. May Have to Increase Nuclear O/P to Meet Carbon Targets
Posted: 15 Nov 2007, 06:04
http://www.bloomberg.com/apps/news?pid= ... 8&refer=uk
Its' suddenly dawned on them that PO is closer than they thought.Bloomberg - 15/11/07
The U.K. may have to increase its nuclear power capacity in order to meet its goal for cutting carbon-dioxide emissions over the next 35 years, according to a study by market research company Datamonitor Plc.
It's unlikely that renewable energy sources including wind farms will be able to fill the future supply void that will be left by decommissioning fossil-fuel burning units as the U.K. attempts to cut emissions by 60 percent from 1990 levels by 2050, Datamonitor said today in an e-mailed report.
The government is considering public opinion about whether to back new reactors to meet supply needs while cutting greenhouse gases. Although nuclear stations produce radioactive waste, they emit lower levels of carbon dioxide when generating power compared with plants burning coal or natural gas.
``It will be very difficult, not to say impossible, to reduce carbon emissions to the levels being advocated with technology currently available in the foreseeable future, without the advent of nuclear power,'' Datamonitor analyst David Niles said in the report.
Since the start of this year, the number of announcements concerning the building of new nuclear units, or extending the lifespan at current reactors across Europe, outnumbered those about plant closures for the first time since 1990.
While only two countries have increased net nuclear generation capacity since 1990, nuclear output across the continent between that year and 2004 provided a greater share of total generation, according to the report.
Critical Supply
``Even where policy or economic factors restrict nuclear development, its contribution to the security of supply remains critical,'' Niles said.
Public opinion regarding nuclear power is changing, Niles said. More than 50 percent of people in 14 European countries including the U.K., Netherlands and Italy believe nuclear output should be increased. This may be prompted by higher natural gas prices which are feeding through to consumers paying more for their electricity, he said.
British Energy Group Plc, whose nuclear reactors can produce about a fifth of the U.K.'s electricity, said on Nov. 13 that it would be ``economically feasible'' to extend the operating lives of its Hinkley Point B and Hunterston B stations.
The U.K.'s Nuclear Decommissioning Authority said last month it may extend the lifespan of its Wylfa nuclear plant in Wales until December 2010. The station was previously earmarked for closure in March of that year.