observer Posted July 29, 2016 Report Share Posted July 29, 2016 Seems the Gov are now hung up on the Hinkley C Nuclear power Station decision. Gov objectives appear to be:- 1) Maintaining power output so the lights don't go out. 2) Providing affordable (cheap) electricity to British consumers. 3) Moving towards carbon free sources of energy production. Hinckley seems to tick boxes 1&3; but I'm not sure about box 2 ? Quote Link to comment Share on other sites More sharing options...
Davy51 Posted July 30, 2016 Report Share Posted July 30, 2016 Someone has obviously found a big fly in the ointment to slam the brakes on so abruptly. May be we are getting charged too much for the venture off one of the partners. Quote Link to comment Share on other sites More sharing options...
observer Posted August 2, 2016 Author Report Share Posted August 2, 2016 This is yet another of those "choice" decisions that Gov has to make from time to time; costing £billions of our money; but the idea of it costing even more in consumption charges in the future; should sound alarm bells. Quote Link to comment Share on other sites More sharing options...
asperity Posted August 2, 2016 Report Share Posted August 2, 2016 Probably the way forward would be smaller nuclear power stations but more of them. The problem being, as always,overcoming the objections of the greens and the nimbies. Quote Link to comment Share on other sites More sharing options...
observer Posted August 2, 2016 Author Report Share Posted August 2, 2016 Think we've been here before Asp; Nuclear is intrinsically more expensive in commissioning and de-commissioning costs, and a question mark over what to do with the waste. I thought the Gov were going to go for "fracking" to bridge the energy gap, and they seem a bit slow on hydro and estuary dams ? This deal seems to allow the Chinese a license to print money at our expense in the future. Quote Link to comment Share on other sites More sharing options...
Davy51 Posted August 2, 2016 Report Share Posted August 2, 2016 Something seems to souring our relationship with China after they are apparently pumping millions into Manchester airport & its surroundings & i believe they are also after investing in Sheffield. It seems likely that Chinese money could be funding the Northern Powerhouse. Without foreign money HS2 would become just a link to the London commuter belt. Quote Link to comment Share on other sites More sharing options...
observer Posted August 2, 2016 Author Report Share Posted August 2, 2016 Investment isn't usually something folk do for altruistic reasons Dave; they pump money in, in order to pump more money out later. Quote Link to comment Share on other sites More sharing options...
Bazj Posted August 2, 2016 Report Share Posted August 2, 2016 I wholeheartedly agree with the rethink on Chinese investment... especially in something as intrinsic to the national well being and security of nuclear power... have you seen some of the videos out there of the building standards that China deems acceptable??? Quote Link to comment Share on other sites More sharing options...
asperity Posted August 2, 2016 Report Share Posted August 2, 2016 I've sailed on Chinese built ships. I'm saying nothing..........I can't afford to be sued Quote Link to comment Share on other sites More sharing options...
P J Posted August 3, 2016 Report Share Posted August 3, 2016 Their money is the same as everyone elses though and that , I am afraid, is the bottom line. As we move away from our EU agreements we can expect to be going cap in hand to China all the more. Quote Link to comment Share on other sites More sharing options...
Davy51 Posted August 3, 2016 Report Share Posted August 3, 2016 In all fairness PJ the deal over Manchester Airport was signed & the first direct flights operating before the referendum so this strategy must have had the go ahead long ago & with EU approval. Quote Link to comment Share on other sites More sharing options...
Davy51 Posted August 3, 2016 Report Share Posted August 3, 2016 I've sailed on Chinese built ships. I'm saying nothing..........I can't afford to be sued Do any well known lager producing firms build ships Asp. ? Quote Link to comment Share on other sites More sharing options...
Bazj Posted August 3, 2016 Report Share Posted August 3, 2016 Do any well known lager producing firms build ships Asp. ? probably Quote Link to comment Share on other sites More sharing options...
observer Posted August 3, 2016 Author Report Share Posted August 3, 2016 Just wondering when we went "cap in hand" to the EU for anything; when we spent 40 years putting money into it ? IMF - maybe? Quote Link to comment Share on other sites More sharing options...
observer Posted August 11, 2016 Author Report Share Posted August 11, 2016 Seems the Chinese Company involved in the Hinkley bid; is now under investigation in the US, with allegations of industrial espionage; so perhaps HMG are being rightly cautious ? Quote Link to comment Share on other sites More sharing options...
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