UK's second-biggest energy generator abandons quest to develop nuclear power

kristopher

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Sat Sep-24-11 04:28 PM
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UK's second-biggest energy generator abandons quest to develop nuclear power

SSE ditches nuclear power for gas, wind and biomass
By Tom Bawden
Saturday, 24 September 2011

Scottish and Southern (SSE), the UK's second-biggest energy generator, has abandoned its quest to develop nuclear power in favour of producing more electricity from renewable energy sources such as wind farms and biomass plants.

Dealing a blow to government plans to ramp up nuclear generation, SSE has pulled out of a joint venture with France's GDF Suez and Spain's Iberdrola that would have involved it in atomic energy for the first time.

SSE has sold its 25 per cent stake to its partners in the NuGeneration consortium, which will develop two or three 1.6GW reactors at Sellafield.

Alistair Phillips-Davies, SSE's director of generation and supply, said: "It made sense to be part of NuGen to help establish whether some participation in new nuclear power stations would be the right thing for SSE.

"We have concluded that..

http://www.independent.co.uk/news/business/news/sse-ditches-nuclear-power-for-gas-wind-and-biomass-2360140.html

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Sun Sep-25-11 04:30 AM
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kristopher

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Mon Sep-26-11 09:51 AM
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2. WSJ: SSE Pullout From UK Nuclear Casts A Pall Over (nuclear) Sector

2ND UPDATE: SSE Pullout From UK Nuclear Casts A Pall Over Sector

Article
Comments
more in Business �

--Scottish & Southern Energy selling stake in NuGen nuclear group to partners

--SSE move casts a shadow over U.K. government plans for new nuclear power in U.K.

--SSE to focus on renewables, gas-fired power stations and carbon capture and storage

--Analysts see the U.K. building less new nuclear than originally planned

http://online.wsj.com/article/BT-CO-20110923-708603.html

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FBaggins

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Mon Sep-26-11 10:14 AM
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4. Some "pall"

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=115&topic_id=312018&mesg_id=312018

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GliderGuider

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Mon Sep-26-11 10:04 AM
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3. The nuclear industry is as dead as a Norwegian Blue.

Edited on Mon Sep-26-11 10:14 AM by GliderGuider

Too bad the coal industry has not yet suffered the same fate. Is Big Coal our next target, now that we have slain the nuclear dragon? Or are we going to wait for the next economic crash to do it for us?

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