Jobs and Economics

Sizewell C Second Consultation: Jobs and Employment

I have written several times about the affect on employment of new nuclear build: ‘Slave Labour’ building nuclear plants, Nuclear Jobs – Boom and Bust in Rural Communities, The local Impact of Sizewell C and D on employment and the economy For more see my page on Nuclear Power and scroll down to Jobs and […]

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Update: The Recent ‘Review’ Of The Hinkley C Project

My last post was about the ‘review’ of the Hinkley C project. I have now received the final decision from the BEIS over my Freedom Of Information request. I have not spent much time looking through the document by a link from a link does take you to some of the related documents. These can […]

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The Recent ‘Review’ Of The Hinkley C Project

In July 2016 the UK government announced a ‘review’ of project to build the ‘Hinkley C’ nuclear power plant1. In September 2016 they then announced the go ahead for the project2. I was, like many other people, interested in the details of the review but unfortunately it has not been made public. I therefore sent […]

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‘Bigging Up’ Nuclear

The director of one of the companies I used to work for had a technique of getting contracts which is probably not that uncommon. He would get contracts with promises to deliver with ridiculous short time scales for delivery and also undercut the competitors on price. He then renegotiated the contract after a while once […]

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Nuclear Strike Price and the ‘Open and Transparent’ Energy Market

I previously posted the response from Michael Fallon (Minister of State for Business & Energy) to a number of questions I asked my MP (Peter Aldous). The question was about how the strike price for nuclear (£92.5/MWh) was justified given DECC’s own analysis of future electricity prices (shown graphically here). The response said that the […]

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Future Energy Costs and the Nuclear Strike Price

As I have posted previously I have been trying to find out from DECC how they justified the £92.5/MWh strike price for Hinkley C. Here is the latest response from Michael Fallon. According to Michael Fallon the negotiations for Hinkley C have not concluded. So we still have to wait to see an explanation for […]

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Future Energy Prices: Correspondence with MP & Michael Fallon

Peter Lux: Friday 1 November 2013 Dear Peter Aldous, I am writing to ask you to explain the reason why the strike price of £92.5/MWh has been agred by your government for the power from the proposed Hinkley C power station. I have looked at the DECC data on future energy prices (https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/240320/Annex-f-price-growth-assumptions-2013.xls)and even in […]

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Future Electricity Costs

I have been asking DECC via my MP how they justified the £92.5/MWh strike price for Hinkley C. Although it is difficult to project future energy prices it has been done by DECC1 and I have shown the various scenarios in the graphic below. Note that these prices are not adjusted for inflation. As you […]

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Nuclear Jobs – Boom and Bust in Rural Communities

As noted previously EdF claim that new nuclear build at Hinkley or Sizewell will lead to 25,000 temporary jobs. 25,000 temporary jobs created also means 25,000 temporary jobs lost at some point. This leads to a ‘boom and bust’ in the local economy. It is difficult to predict what the overall economic affect of  the […]

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25,000 Jobs

Almost without fail when the possibility of new nuclear power stations at Hinkley or Sizewell are mentioned it is stated that ‘they will create 25,000 jobs’. The local paper called it a ‘jobs bonanza’ – however, it equates to the equivalent of 12 permanent jobs per year for local people over a nine year period. […]

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