Next time you think about voting for austerity, remember that we’re paying billions per annum to the French government so they can run our energy. That’s what happens when you sell your shit for cheap and then realise „oopsie, we needed that actually“.
Wendisky on
surely there would be a contract renewal at some point in time so we can regain ownership
radiant_0wl on
A 2021 National Audit Office report showed they contributed about £1.4b over the last 25 years for expected decommissioning costs of £23b… With a request for taxpayers to cover the shortfall.
I’m not exactly inspired about the amount of state subsidies nuclear gets.
Impressive-Bird-6085 on
So, EDF bill payers will be subsidising the French government to the tune of £2bn a year for these powers stations? Disgraceful! Why can’t we build them ourselves? Because of the Treasury’s fixation with fiscal austerity and classical liberal economic ideology…
AnalThermometer on
Good on the French, the top exporters of energy in Europe without even needing north sea oil. They had a focused nuclear plan since the 1970s oil shock and delivered on it through successive governments.
IrrelevantPiglet on
Power plants don’t just magically spring out of the ground. £2bn isn’t really that much in the grand scheme of things, electricity costs us £30bn a year already. Is it a bad deal? Quite possibly. Can we do anything about it now? Not really.
People complained a lot about the guaranteed price points when it was first announced. Then the energy crisis hit and suddenly it was a good deal. Now it’s back to being a bad deal again? Whatever, just get the bloody thing running so we can stop burning Russian gas for everything.
NoExperience9717 on
So £2bn a year for 17% of our electricity which is always available for baseload. These aren’t mostly subsidies but instead running and costs of them building and financing two nuclear power plants and shouldering the cost for overruns.
XenorVernix on
If we’re paying for it do we get a share of the profits?
InformationNew66 on
Is it much for clean, independent power?
In comparison asylum seekers had cost £5.38 billion in 2023/24 and £4.76 billion in 2024/25.
i-am-a-passenger on
Taxpayers have to pay a company for a thing the government wants them to build? How outrageous!
surfrider0007 on
I’d rather they paid for me to have solar panels, roof wind turbine and a storage battery
InternetHomunculus on
Honestly a joke we have other governments running our power. Privatisation was a mistake and its a shame no government is bold enough to undo it
Sea-Caterpillar-255 on
So cheap no one can afford to build one without huge subsidies…
CedricTheCurtain on
Well, those AI data centres providing American companies with revenue have got to get their power from somewhere.
So. Paying the French to power American AI systems. What exactly is in it for us?
uselesstosser on
Well, its a fine time to buy shares in EDF, if you can’t beat ‚em, join ‚em
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15 Kommentare
Next time you think about voting for austerity, remember that we’re paying billions per annum to the French government so they can run our energy. That’s what happens when you sell your shit for cheap and then realise „oopsie, we needed that actually“.
surely there would be a contract renewal at some point in time so we can regain ownership
A 2021 National Audit Office report showed they contributed about £1.4b over the last 25 years for expected decommissioning costs of £23b… With a request for taxpayers to cover the shortfall.
I’m not exactly inspired about the amount of state subsidies nuclear gets.
So, EDF bill payers will be subsidising the French government to the tune of £2bn a year for these powers stations? Disgraceful! Why can’t we build them ourselves? Because of the Treasury’s fixation with fiscal austerity and classical liberal economic ideology…
Good on the French, the top exporters of energy in Europe without even needing north sea oil. They had a focused nuclear plan since the 1970s oil shock and delivered on it through successive governments.
Power plants don’t just magically spring out of the ground. £2bn isn’t really that much in the grand scheme of things, electricity costs us £30bn a year already. Is it a bad deal? Quite possibly. Can we do anything about it now? Not really.
People complained a lot about the guaranteed price points when it was first announced. Then the energy crisis hit and suddenly it was a good deal. Now it’s back to being a bad deal again? Whatever, just get the bloody thing running so we can stop burning Russian gas for everything.
So £2bn a year for 17% of our electricity which is always available for baseload. These aren’t mostly subsidies but instead running and costs of them building and financing two nuclear power plants and shouldering the cost for overruns.
If we’re paying for it do we get a share of the profits?
Is it much for clean, independent power?
In comparison asylum seekers had cost £5.38 billion in 2023/24 and £4.76 billion in 2024/25.
Taxpayers have to pay a company for a thing the government wants them to build? How outrageous!
I’d rather they paid for me to have solar panels, roof wind turbine and a storage battery
Honestly a joke we have other governments running our power. Privatisation was a mistake and its a shame no government is bold enough to undo it
So cheap no one can afford to build one without huge subsidies…
Well, those AI data centres providing American companies with revenue have got to get their power from somewhere.
So. Paying the French to power American AI systems. What exactly is in it for us?
Well, its a fine time to buy shares in EDF, if you can’t beat ‚em, join ‚em