Displaying items by tag: nuclear power

The Government has revealed plans for the largest expansion of nuclear power in 70 years, aiming to reduce electricity costs, create jobs, and enhance energy security. By 2050 the UK will quadruple its nuclear generation capacity to 24 gigawatts (GW), equivalent to a quarter of the country's electricity needs. This includes exploring the construction of a GW-scale power plant and investing £300 million in advanced nuclear fuel production, reducing reliance on Russian sources. There are plans to secure 3-7GW of investment decisions every five years from 2030 to 2044 for new nuclear projects. Small modular reactors (SMRs) will play a crucial role in this expansion. The Government also seeks to streamline the development of new power stations and introduce smarter regulations to accelerate nuclear projects while maintaining safety standards. The nuclear sector could provide direct heat for industry, energy for green hydrogen production, and medical isotopes for cancer diagnosis and treatment. The expansion is expected to create around 80,000 skilled jobs in the civil and defence nuclear workforces.

The government has announced that South Africa, battling crippling power blackouts, plans to add 2,500 megawatts of new nuclear generation. The country has Africa's only nuclear power station, but the Koeberg plant near Cape Town is currently only working at half capacity. The first of the new units will probably come on stream in 2032 or 2033. Electricity minister Kgosientsho Ramokgopa said the extra nuclear power would be a significant milestone. He added that it would be part of the government action to ‘ending the existential challenge that is confronting the country’ over power shortages and long-term energy security. Rotating power cuts of up to twelve hours a day over the past fifteen years have badly hit the economy and the government's reputation as it heads into an election next year. National power company Eskom has been tainted by corruption and maintenance problems which have led to the power cuts. In a bid to extend the life of the Koeberg plant by twenty years, one unit was closed for nearly a year and the second unit was shut down for maintenance this week.

Nuclear and natural gas energy plants could be counted as ‘green energy’ under new controversial EU plans. The European Commission has decided that both types of energy can classify as ‘sustainable investment’ if they meet certain targets. But the move has divided the EU and been fiercely opposed by some members. For instance Austria's chancellor said, ‘Nuclear power is neither green nor sustainable’. Spain also strongly objects, but objections are balanced by support from nuclear-using nations such as France. Classifying natural gas as ‘sustainable’ also has supporters in countries still relying on coal for energy (such as Poland) who would benefit from incentives to move to a relatively cleaner supply. Green parties are fiercely campaigning against the plan. But the European Commissioner said, ‘We need to use all the tools at our disposal’ to reach the climate-neutral target’.