Saturday 22 January 2022

Delta has doubts about second nuclear power station

Energy group Delta has growing doubts about the effect of low energy prices on the likely success of a second nuclear power plant at Borssele in Zeeland, the Financieele Dagblad reports on Monday.

The government hopes to grant a permit to build a second power plant before the end of its cabinet period in 2015 and Delta is part of one of two consortiums which have expressed an interest.
However, Delta chief executive Peter Boerma said in an interview with the FD that energy prices in the future could be too low to generate a proper return on the investment.
An EU tax on carbon dioxide emissions could solve this because nuclear energy does not produce CO2, Boerma said. This would make nuclear energy cheaper and therefore a more attractive investment.
‘Before I take a definitive investment decision on Borssele 2, we need a better idea about price developments,’ he told the paper.

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