Printer Friendly

Examine the Attitudes of Energy Industry Stakeholders to the Future of Nuclear Power Generation in the UK.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c50385) has announced the addition of Supplier Reaction to the Government Energy Review to their offering.

Uncertainty surrounding the UK's future energy policy framework continues to hamper investment and undermine the UK's drive to curb carbon emissions. This brief assesses the opinion of key energy industry stakeholders on whether new nuclear builds are the solution and how they should be funded. The brief also assesses the attitude energy executives to Europe's flagship Emissions Trading Scheme.

Scope of this title:

-- An overview of industry opinion on the measures set out in the Energy Review designed to cut UK emissions in the short and long-term.

-- An in-depth analysis of how different stakeholder groups believe the UK should fund the construction of a new fleet of nuclear power stations.

-- Examination of the differing attitudes toward the EU Emissions Trading Scheme and its future impact in the UK energy sector.

-- Assessment of the impact that the Energy Review report has had on shaping industry attitudes and opinions.

Highlights of this title:

-- Utilities are the greatest proponents of a nuclear power driven cut in UK carbon emissions. While regulators are less enthused by the prospect of new atomic builds, this option garners the greatest consensus amongst all stakeholders. The future price of carbon remains, however, a key intangible in the profitability of nuclear power plants.

-- The UK energy industry favours state support of some kind for nuclear builds, particularly towards clean up costs, but the degree to which the Government should be involved varies garners little consensus. While regulators favour a managed market approach, network operators are more enthusiastic about direct state involvement.

-- UK regulators are bullish on the need for a uniform ETS allocation process to ensure the UK is not disproportionately penalised. They are also the most sceptical stakeholder group towards the ETS mechanism in general, especially regarding the need for the UK, as a mature economy, to bear the brunt of emission curbs.

Reasons to order your copy:

-- Identify the varying attitudes of energy industry stakeholders to the future of nuclear power generation in the UK.

-- Gain insight into the perceived strengths and weaknesses of Europes Emissions Trading Scheme and the future direction of carbon prices.

-- Evaluate the success of the Review report in shaping industry attitudes toward future UK energy policy.

Topics Covered

OUR VIEW

CATALYST

SUMMARY

METHODOLOGY

ANALYSIS

Nuclear is perceived to be the long-term solution to carbon abatement

With nuclear builds a distant ambition, stakeholders favour the immediate emission reductions provided by increased efficiency

Longer-term, however, new nuclear builds are viewed to be the UK's most effective option for reducing carbon emissions

Utilities are the greatest proponents of a nuclear power driven reduction in UK carbon emissions

New nuclear plant will not be built without the states assistance

Stakeholders favour state support for nuclear builds, particularly towards clean up costs, but direct intervention is not desirable

Regulators are keen to be involved in creating an environment in which new nuclear power stations can be built without subsidy

A rise in carbon prices is expected, but ETS question marks remain

Stakeholders expect the price of carbon to rise, but are sceptical that the collective political will exists to make the ETS a success

Regulators are bullish on the need for a uniform ETS allocation process to ensure the UK is not disproportionately penalised

With concerns surrounding supply security still paramount, carbon remains low on the agenda for major energy users

The Energy Review failed to set a clear policy framework agenda

Stakeholders who have engaged the Review report are generally less positive towards the UKs short-term drive to curb emissions

Longer-term support for new nuclear builds has not received a notable fillip from the release of the Energy Review report

Utilities perceive the Energy Review report to lack the sufficient substance to drive future investment decisions

APPENDIX

Extended methodology

Our Consultancy

Ask the analyst

List of Figures

For more information visit http://www.researchandmarkets.com/reports/c50385

Source: Datamonitor
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 14, 2007
Words:669
Previous Article:Opportunities in the Indian Engineering Sector Report Provides All the Necessary Information Required for a Busy Manager/Investor Looking to Invest...
Next Article:France Telecom and Comverse Collaborate to Define and Design Ideal Converged IP Messaging Service.
Topics:


Related Articles
The Nuclear Phoenix.
Fallout: Is veracruz's laguna verde nuclear plant a victim of extremist fears or a time bomb too close to home? (Spotlight).
RUSSIA - The Electric Power Sector.
Hydro rates put 'writing on the wall' for northwestern industry.
Power surge: renewed interest in nuclear energy.
Brave nuclear world? The planet is warming, and proponents of nuclear power say they've got the answer. Are nuclear plants the climate cavalry? First...
RUSSIA - Nuclear Energy.
Nuclear renaissance? Many are looking at nuclear energy as a solution to our energy needs and foreign oil dependency.
Another look at nuclear energy: nuclear energy is on the go, helping countries in Europe and other parts of the world solve their energy woes...

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters