Nuclear plant in UK will require more than twice the subsidies as solar

Home / Solar Power / Nuclear plant in UK will require more than twice the subsidies as solar

PV and storage could provide as much electricity as a proposed nuclear plant in the UK at half the subsidy cost, according to new analysis timed to coincide with expected news of a nuclear agreement between Britain and China this week.

Chinese premier Xi Jinping is in the UK this week on a state visit and is widely expected to meet with prime minister David Cameron today to discuss various trade deals, one of which is China’s investment in the proposed Hinkley Point C nuclear reactor.

[adinserter block=”1″]

The project has been widely criticised as too expensive and not offering of value for money. At current build-price estimates of £24.5-26 billion, it would be the most expensive power generation facility in the world and has been ridiculed as a white elephant in the House of Lords.

The STA has now claimed that solar PV, if combined with storage and other flexibility mechanisms, could deliver just as much base-load generation capacity at less than half the subsidy cost that Hinkley will require over 35 years.

Read the rest of the story at PVTech.org

John Fitzgerald Weaver on Twitter
John Fitzgerald Weaver
Solar Power Plant Project Developer at Commercial Solar Guy
John Fitzgerald Weaver is a solar developer, digitally as the 'Commercial Solar Guy.' As a project developer and installer, he’s sold and managed 50+ solar projects, totalling over $25 million - with their sizes ranging from 5kW to 1500kW. He’s been involved in many aspects of the solar supply chain – as a company founder, developer, project manager, manufacturer, permit runner, salesman, contractor and financier, climbs mountains, played football, enjoys an IPA or scotch, needs to get away, and really loves this strange connection between politics, energy, finance, environment, etc in the energy world, and likes run on sentences.