United Kingdom Procurement News Notice - 56927


Procurement News Notice

PNN 56927
Work Detail The French energy giant says a decision on extensions would come by the end of the year. French state-owned energy company EDF said on Tuesday that it aims to extend the life of its nuclear fleet in the UK. The company said it would make a decision on whether to extend the lives of the four generating advanced gas-cooled reactors – Torness, Heysham 1 and 2, and Hartlepool – by the end of this year. It also pledged a further £1.3bn (€1.51bn) to the UK’s five operational nuclear power stations between 2024 and 2026. EDF operates all of the UK’s nuclear plants. The company said that output for 2023 totalled 37.3 terawatt-hours, a 15% drop from 2022, citing station closures and outages. It added that although output dipped last year, it remained nearly four times more than that forecasted when EDF acquired the UK’s fleet in 2009. EDF plans to maintain output around this level until at least 2026, it said. A ramp up in nuclear power is pivotal to the UK’s net-zero plans. In his Spring Budget for 2023, Chancellor Jeremy Hunt launched the Great British Nuclear programme, which would see focus shift to the scaling up of small nuclear reactors. Hunt also announced that nuclear would be redefined as “green” energy in the UK – a move that critics say is an attempt to shoehorn the power source into net-zero expectations because nuclear is not considered a renewable source of energy. EDF is also overseeing the construction of two new nuclear projects in the UK, Sizewell C and Hinkley point C. Both have faced criticism over recent years for long delays, soaring costs and potential environmental damage.
Country United Kingdom , Northern Europe
Industry Energy & Power
Entry Date 12 Jan 2024
Source https://www.power-technology.com/news/edf-to-extend-life-of-uk-nuclear-plants/?cf-view

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