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All Quiet on the Nuclear Front

Friday, January 9, 2015 3:25
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(Before It's News)

B4INREMOTE-aHR0cDovLzMuYnAuYmxvZ3Nwb3QuY29tLy1SRHRrMElEVEtQSS9WSy1xYXV2WFlaSS9BQUFBQUFBQUVLOC9IRFB5ZkVqelpVWS9zMTYwMC9nb2luZ2Rvd25hZ2FpbjUuanBnWith the price of oil the way it is, (and gas and coal in the same boat), anything else in the energy space looks a bit sick.  And everything has gone eerily quiet on the nuclear front, which ought to be humming since the EC gave its craven clearance for Davey’s giga-subsidy for Hinkley C.

Instead, we have one recent sighting of EDF’s de Rivaz, saying he hopes for FID by the end of March, but oh it’s so difficult because that 80-page agreement (the subsidy contract) now needs to be turned into thousands of pages of proper contracts.

For this, he requires the whole-hearted collaboration (nice word, that, in context) of DECC.  What could be easier for them, than to spin the whole thing out …

B4INREMOTE-aHR0cDovLzEuYnAuYmxvZ3Nwb3QuY29tLy1CZktRR25rY0tMOC9WSy1tcVIwRS1SSS9BQUFBQUFBQUVLdy9hcTlpeUpfdE4zdy9zMTYwMC9mcmVuY2glMkJudWNzLmpwZw==I’m guessing this one gets carefully nudged out until beyond the election, after which, all bets off.  Of course, it could be exactly the other way about, and there might be a desperate scramble to get it done by May.  But I can’t see any upside for Cons or LibDems in binding anyone’s hands, whomsoever will be in Downing Street next time.  This isn’t Gordon “scorched earth” Brown we’re talking about.

As a longstanding opponent of this deal I can obviously be accused of wishful thinking.  Fair enough, but that’s what I think.  Have a nice weekend!

ND



Source: http://www.cityunslicker.co.uk/2015/01/all-quiet-on-nuclear-front.html

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