Personally I was delighted to hear that the Moorside nuclear project has been shelved. As we have seen with Hinkley, the energy strike price is nearly double that of offshore wind. We now need the government to get on board with the fact that renewables are substantially cheaper, quicker to build and have less environmental impact. We need to be get back to building onshore wind farms by easing local planning laws and promoting more solar. With the huge technical advances and price reductions of storage technologies we now have dependable, reliable renewable energy options that are cheaper than nuclear and offer a smarter, cleaner energy source for the future.
Jonathan Marshall, head of analysis at the Energy and Climate Intelligence Unit said: "The demise of plans for a new power station at Moorside should be seen as an opportunity, rather than a risk. Shifting away from expensive, complicated technology towards cheaper and easier to build renewables gives the UK the opportunity to build an electricity system that will keep bills for homes and businesses down for years to come. “UK offshore wind is already significantly cheaper than nuclear, with onshore and solar power offering even greater savings. The technology needed to shore up supply from variable sources is also getting more competitive, with storage one of the brightest lights. “Cancelling Moorside does leave a gap in the UK’s decarbonisation plans, but one that is more likely to be filled with the technologies of the future rather than the past."