Nuclear sunset overtakes fading dreams

(Climate News Network, 21 Jan 2019) As atomic energy gets ever more difficult to afford and renewables become steadily cheaper, a nuclear sunset awaits plans for new plants.

Once hailed as a key part of the energy future of the United Kingdom and several other countries, the high-tech atomic industry is now heading in the opposite direction, towards nuclear sunset.

It took another body blow last week when plans to build four new reactors on two sites in the UK were abandoned as too costly by the Japanese company Hitachi. This was even though it had already sunk £2.14 billion (300 bn yen) in the scheme.

Following the decision in November by another Japanese giant, Toshiba, to abandon an equally ambitious scheme to build three reactors at Moorside in the north-west of England, the future of the industry in the UK looks bleak.

The latest withdrawal means the end of the Japanese dream of keeping its nuclear industry alive by exporting its technology overseas. With the domestic market killed by the Fukushima disaster in 2011, overseas sales were to have been its salvation.

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Climate News Network, 21 Jan 2019: Nuclear sunset overtakes fading dreams