The UK government’s long-delayed net-zero strategy will be expected to be published this week. Its expected to include “funding for a new nuclear power plant will be announced before the 2024 election, the government will vow this week as it reveals plans to lower carbon emissions”. It continues: “The government will agree to provide financing for the new plant (just like it does for wind and solar) during the current parliament will be included in the government’s long-awaited net-zero strategy. The document, said to be more than 150 pages long, will detail how Boris Johnson plans to hit his pledge to bring the UK’s carbon emissions down to ‘net-zero’ by the year 2050. It will cover everything from shifting away from polluting cars to adopting greener heating in homes and precedes next month’s COP26. According to government insiders, the front-runner site to win the funding is Sizewell C, a nuclear power plant being proposed by EDF Energy for Suffolk.”
The Financial Times says: “UK ministers will put nuclear power at the heart of Britain’s strategy to reach net-zero carbon emissions by 2050
In government documents expected as early as next week, alongside fresh details of its funding model. The UK government is poised to approve funding for a fleet of Rolls-Royce mini nuclear reactors”. It continues: “A consortium led by the British engineering firm had already secured £210m in backing from private investors for the small modular reactor (SMR) project, a sum that the government is expected to match or better. Confirmation is expected before the spending review on 27 October, according to well-placed sources.” [The funding would go towards developing manufacturing capacity rather than the plants themselves, with Rolls-Royce having previously said the first reactor would cost £2bn.]
PoliticsHome says in an “exclusive” that “sector-specific carbon emission reduction targets for the year 2035 – which will be announced by the government in its net-zero strategy this week – are set to be far more ambitious for the power sector than others, including transport and heat and buildings”. The following reductions for 2035 are expected to be announced: Power: 80-85% reduction in carbon emissions; Natural resources, waste and fluorinated gases: 39-51% reduction; Fuel supply and hydrogen: 53-60% reduction; Transport: 47-59% reduction; Industry: 63-76% reduction; Heat and buildings: 47-62% reduction.
NN: Reality is greeneeweenniee alternative renewable energy systems are a dismal failure. You can’t get their without nuclear energy and natural gas… Now i know the millennials will have a temper tantrum and lock themselves in the basement. BUT reality is the technology is not their yet…… Net Zero is a wet dream……… And not necessary!!!!! Please Note: I run most of my vehicles on fart gas and the short trip run around cars are electric Renault Fluence EV’s bought at salvage prices from France when the change batteries station concept failed. And we power my complex with solar panels.