http://uk.news.yahoo.com/rtrs/20070820/tuk-uk-britain-nuclear-report-fa6b408_1.htmlNo new nuclear plants likely before 2020
Reuters - Monday, August 20 06:26 pm
By Daniel Fineren Reuters - Monday, August 20 06:26 pm
LONDON (Reuters) - No nuclear power plants are likely to be built in Britain before 2020, if they are built at all, which will be too late to fill the country's looming power generation gap, according to a report published on Monday.
The government wants the private sector to build new nuclear power plants to replace the country's ageing reactors and plug a generation shortfall left by the closure of coal-fired power plants under European environment laws.
But the report by Poyry Energy Consulting says the commercial case for building new nuclear plants is shaky and that none will be built without a higher long-term carbon price than that set by the current European Union Emissions Trading Scheme (ETS).
"Despite the rhetoric, it is difficult to see much new nuclear capacity coming into the market before 2020," Poyry director Andrew Nind said.
<snip>