Scrapping Hinkley Point nuclear plant could save £1bn a year, says Energy and Climate Intelligence Unit

Written by Liam Kirkaldy on 26 August 2016 in News

Theresa May delayed approval of the planned £18bn development until next month

Nuclear plant - credit: PA

Scrapping plans for the proposed new nuclear plant at Hinkley Point and focusing on other projects could save the taxpayer £1bn a year, according to a new report from the Energy and Climate Intelligence Unit (ECIU).

Prime Minister Theresa May delayed approval of the planned £18bn development until next month, reportedly amid concerns about the involvement of Chinese state money in vital UK infrastructure.

But a report from ECIU has questioned the basis for building the plant, with the report finding the nuclear plant was “not essential” to the UK’s future energy needs and climate targets.

It found "Britain can meet all its targets and do so at lower cost" without the new plant.


Doctors should give older people 'green prescriptions', finds report

SNP says Greg Clark should put “put his money where his mouth is” and commit to oil and gas support

The ECIU said investment in other “established approaches” like wind farms and gas-fired power stations and greater demand management could remove the need for the Hinkley Point project.

“We wanted to know how essential Hinkley is for the ‘energy trilemma’ – keeping the lights on whilst cutting greenhouse gas emissions and keeping costs down,” said ECIU director Richard Black. 

“Our conclusion is that it’s not essential; using tried and tested technologies, with nothing unproven or futuristic, Britain can meet all its targets and do so at lower cost.

“So if Mrs May decides to go ahead with Hinkley, all well and good – if she decides not to, or if the project stumbles at a later stage, we have alternatives.”

EDF, the French energy giant that would build Hinkley Point C, said the proposals from the ECIU were “not credible”.



Related Articles

Nicola Sturgeon "confident" in legality of decision to ban fracking
12 January 2018

Petrochemical company Ineos this week announced it had applied for the decision to ban fracking in Scotland to go to a judicial review

Carbon footprint of Scotland's homes falls by a quarter over eight years
4 January 2018

Growth of renewables, improvements in energy efficiency in housing and more environmentally friendly government policies have all helped drive down greenhouse gas emissions generated by...

Scotland’s landscape “under attack” from climate change
27 December 2017

WWF Scotland, the National Trust for Scotland and RSPB Scotland come together to issue warning following growing concern over the effect of storms, flooding, landslides and...

Energy strategy targets half of Scotland's energy to come from renewables by 2030
20 December 2017

The energy strategy includes a £20m Energy Investment Fund and a £60m Low Carbon Innovation Fund to boost renewable and low carbon infrastructure

Share this page