Aim to approve new reactor every year until 2030
The government has announced its ambition to build eight new large nuclear power stations.
The heavily trailed British Energy Security Strategy, published today, set out plans to generate 24GW of energy from nuclear power by 2050, which would account for around 25% of projected demand.
To achieve this, the government is aiming to approve one new reactor every year until 2030, including on the Wylfa site in Anglesey.
A new government body 鈥� Great British Nuclear 鈥� is to be set up to bring forward new projects and a 拢120m Future Nuclear Enabling Fund will be launched later this month.
Tim Cooper, sales director for consultant Arcadis鈥檚 energy business, said the strategy was 鈥渟ensible鈥� in light of recent world events, saying it will provide opportunities to addt 鈥渁 lot of technically challenging, interesting jobs to help the economy鈥�.
He added that while there would be a need to increase the skilled workforce to meet the government鈥檚 nuclear new build targets, a lot of the skills already existed in other infrastructure projects such as HS2.
鈥淭here will be a need to grow it but not all of it needs to be nuclear 鈥� a lot of it fits in a skillset that we can bring from other infrastructure programmes,鈥� he said.
Hinkley Point C 鈥� for which a Bouygues and Laing O鈥橰ourke team is carrying out civils work 鈥� is the only nuclear power station currently under development in the UK.
Bu the government is currently negotiating with the developer of the Sizewell C project in Suffolk.
Together the two projects would generate roughly 6.5GW of energy.
Peter Sibley, energy sector lead at Hydrock, the engineering firm with specialist nuclear consultancy, said he thought the industry was 鈥渞eady鈥� for a new build boom, but that it would take a 鈥渉uge joined up effort鈥� to achieve.
He added: 鈥淚t is unfortunate what is going on around Ukraine but it has sharpened the focus on the security and supply angle 鈥� the crucial combination of security and supply and decarbonisation has put nuclear in the spotlight.鈥�
He said ramping up nuclear new build could also create an 鈥渆xportable workforce鈥� in the UK.
鈥淲e are seeing this more and more in the decommissioning market, what鈥檚 to say we can鈥檛 do that in new build as well,鈥� he said.
The government said small modular reactors (SMR) will form 鈥渁 key part鈥� of the nuclear project pipeline, 鈥渟ubject to technology readiness鈥�, but stopped short of announcing specific targets.
It has invested 拢210m into Rolls Royce鈥檚 SMR business, which recently submitted its design for approval by the nuclear regulator 鈥� a process which typically takes around four years.
Last Energy, an American SMR company, also has plans for a fleet of reactors in the UK and believe their reactor design 鈥� much smaller than Rolls Royce鈥檚 鈥� could pass through the regulatory process more quickly and be up and running by 2025.
But Sibley said the first SMRs in the UK would be unlikely to be rolled out until the 2030s.
Plan also include a goal of producing 50GW through offshore wind 鈥� enough to power every home in the UK 鈥� with planning reforms to cut the four-year approval time by three-quarters.
Communities which wish to host onshore wind infrastructure will be supported in doing so in return for lower energy bills, while in the North Sea there will be a new licensing round for oil and gas projects.
The government is also looking to multiply solar capacity by a factor of five by 2035 and increase hydrogen capacity to up to 10GW by 2030.
Prime minister Boris Johnson said the strategy would 鈥渞educe our dependence on power sources exposed to volatile international prices we cannot control鈥�.
The strategy has been criticised by the opposition for its lack of action on improving energy efficiency, with shadow climate change secretary Ed Miliband saying the omission would 鈥渇orce households to pay hundreds of pounds more for their energy bills鈥�.
Sir John Armitt, chair of the National Infrastructure Commission said the government should be credited for the 鈥渟cale of its ambition鈥� to expand renewables but added that 鈥渟ome of the quickest wins can be found in improving energy efficiency by better insulating our homes and public buildings to cut overall demand鈥�.
He added: 鈥淭he potential benefits are now bigger than ever, and we again call on government to set out a costed, long-term plan for meeting its own targets and help households make the right choices for their pocket and the planet.鈥�
1 Readers' comment