Prospects for nuclear development in the UK
It is four years since the UK electricity supply industry was privatised and in the process the UK nuclear industry did not fare well. Concerns about escalating back-end nuclear costs led to the removal of the nuclear stations from the privatisation process with a moratorium being placed on the construction of new nuclear stations pending a review of the prospects for nuclear power. Nuclear Electric, the nuclear generating company formed to own and operate the nuclear stations in England and Wales, has made great progress since that time. Output is tip and the UK`s first Pressurised Water Reactor (PWR), Sizewell B, is being built to time and cost and to safety standards the world wants to copy. Against this backdrop the UK Nuclear Review is about to commence. A wide variety of issues will be on the Review agenda: (1) The economics of electricity Generated by nuclear power. (2) The competitive position of new nuclear power stations - including follow on PWR plant. (3) Safety and licensing issues in relation to investment in future nuclear stations. (4) The scope for completing the privatisation of the electricity supply industry with the transfer of Nuclear Electric into the private sector. (5) The diversity, security of supply and environmental benefits of nuclear power. The UK Nuclear Review offers the most up to date examination of the prospects for Nuclear Power anywhere in the world and its findings should be of interest to nuclear proponents worldwide. Nuclear Electric is confident that it`s robust economic case and the environmental benefits of nuclear power will secure a positive outcome, allowing new nuclear construction to meet the UK`s energy needs of the 21st century.
- OSTI ID:
- 182004
- Report Number(s):
- CONF-940501--
- Journal Information:
- Transactions of the American Nuclear Society, Journal Name: Transactions of the American Nuclear Society Journal Issue: Suppl.1 Vol. 70; ISSN 0003-018X; ISSN TANSAO
- Country of Publication:
- United States
- Language:
- English
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