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New nuclear power plan could add to energy bills for next 35 years

Critics say strike price has been set too high

Critics believe the set strike price is too high

The Hinkley C nuclear plant, operated by French energy company EDF, could add to energy bills for the next 35 years, after the government set a high strike price.

It was announced earlier this week that the price will be set at £92.50 per megawatt hour of electricity produced at the plant for 35 years, but many have criticised the model, due to come in to play in 2023.

Strike price ‘too high’

The main worry that has been aired as a result of the strike price announcement is that it is simply too high. The agreed figure is twice the level of today’s wholesale market price.

Greenpeace UK’s John Sauven delivered a damning verdict on the plant, telling the Express that it fails every test with regards to economic values, environmental impact and the effect it will have on consumers.

He added: “It will lock a generation into higher energy bills via a strike price that’s nearly double the current price of electricity, and it will distort energy policy by displacing newer, cleaner, technologies that are dropping in price.”

It is believed that the strike price could see energy bills rise time and again for 35 years, with worries that energy bills could as much as double.

Dr Paul Dorfman, of the Energy Institute at University College London, said that the government had essentially added another levy onto customers’ bills, stating that it will cost householders a collective £1 billion per year.

Ministers defend prices

However, ministers have stepped in to defend the prices agreed for the Hinkley C site, saying that the nuclear plant will see bills drop by £77 overall by 2030.

Energy Secretary Ed Davey said the plant, which will eventually deliver 7% of the UK’s electricity needs, will be essential if Brits want to make sure the lights don’t go out.

This has been a fear recently, with both the government and the National Grid trying to alleviate worries, while admitting that there is always a risk, particularly as the UK likely to be pushed to the limit in 2014.

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  • JustAnotherGuy

    With the poorly timed, bias and incredibly SLOW programming of a majority of traffic lights, it really doesn’t surprise me at all. People get so so fed up of traffic lights especially at junctions where one direction will let 3 cars through and the other lets 20 and at rush hours only fuels frustration. The frustration on the roads is bad enough but the amount of hours we waste every week waiting at traffic lights not to mention the amount of fuel being wasted, is enough to really annoy people. We need better programmed and fair lights.

  • Glynn Goddard

    It’s not better and/or more education about the Highway Code that’s required, it’s an increased deterrent on the highways that is; i.e. more policing.

  • R. Mark Clayton

    I guess all honest motorists will have speeded, most run red or at least amber lights, and many at least answered a mobile phone by hand if only to say “I will phone you back”.
    I see cars speeding all the time whether the limit is 20mph, 30 mph or on the motorway particularly where artificially low limits have been imposed (e.g. J25 on M60), however when it comes to jumping lights suicyclists are by far in the majority.

  • just another gut

    If car drivers don’t know the highway code they should not be on the road , its not only jumping lights , not indicating at the right time on roundabouts ( when turning right mainly ) , headlights causing dazzle to oncoming motorists

    cyclists should be licensed , have number plates and be prosecuted for jumping lights , dangerous cycling such as weaving in and out of traffic ,no lights , and in particularly riding 2 or 3 abreast .

  • rob

    I was walking through London the other day & was amazed at the number of cyclists that just went through RED lights as though they did not exist then weaved their way through the traffic fingering those that pointed out their mistake! It was not one or two, it was the majority, less than 10% adhered to the lights when I started logging them. Yes I have seen motorists do the same, but they are few & far, but the cyclists just seem to be in the mindset that the lights do NOT affect them ??????????

  • Dave

    Modernise traffic light system as all are dated and most are slow to change or turn red (I’ve waited up to a minute for no traffic movement) and no cars are waiting at the other set of lights….wasting fuel and increasing emmisions…. not only my blood pressure.