Ed Miliband is today assuring us that New Nuclear Power will be safe, and that we will all have a say in the planning process – so tantalising us with the idea that we will be able to influence the outcome.
I don’t believe either of these things.
Nuclear Power is inherently dangerous, operationally unreliable, dirty, wasteful, expensive and any public money used to support it in any way will prevent us from pursuing truly sustainable Energy.
New Nuclear won’t work without Government subsidy, either for the construction of the plants themselves, or guaranteed customer pricing, or the insurance to cover the failure of projects to complete (or radioactive accident). The Government’s Department of Energy and Climate Change can expect to find any New Nuclear direct public funding, price fixing, subsidy or tax breaks in court.
No, it won’t be me personally taking the Government to court.
Nuclear Power is a dinosaur technology, and judging by the number of countries that have signed up for new fleets of reactors, the Uranium fuel to run the plants being planned will be exhausted within the lifetime of the plants. With supplies of fuel running out, early decommissioning means the plants will never pay back on the investment.
Sounds like a high risk strategy to me, even before looking at the risks of radioactive explosions.