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originally posted by: woogleuk
My biggest concern is them putting another one on the existing Sellafield site. Sellafield has a bad history of accidents and negligence.
That coupled with the fact that they seem adamant that they will be building the countries underground nuclear waste repository here (Cumbria)....the size of Carlisle....amongst countless abandoned mineshafts that keep collapsing....right under the nations largest supply of freshwater...AND they want to frack all over the place, where there is old fault lines, and we do get the odd m4+ earthquake.
Sometimes I feel there is no hope.
The government had already agreed that French firm EDF will be paid a so-called "strike price" of £92.50 for every megawatt hour of energy Hinkley C generates. This is almost twice the current wholesale cost of electricity, but this was a deliberate attempt by the government to compensate for the high cost of building the plant.
However, the Commission said that if EDF's overall profits exceeded the rate estimated at the time it was awarded the contract, any gains would be shared with the public.
It said it had also defined a second, higher threshold above which the public would be given more than half of the gains, through lowering the cost of the "strike price".
"An increase in the profit rate of only one percentage point, for example, will generate savings of more than £1.2bn," it said.
It said this agreement would now last for the entire lifetime of the project - an estimated 60 years.
Link - BBC
originally posted by: ANNED
Thorium reactors and Accelerator-driven sub critical reactors are the safest there is.
Accelerator-driven subcritical reactors can use and destroy fuel from a conventional nuclear reactor.
Accelerator-driven sub critical reactors automaticly shut down without the need for cooling water as soon as the Accelerator is turned off.
Destroying the spent fuel from conventional nuclear reactors would be a big plus in the long run as it would not have to be stored for 1000s of years.
We have enough spent fuel rods to run Accelerator-driven sub critical reactors for 100 years.