Name Surname

Total Page:16

File Type:pdf, Size:1020Kb

Name Surname OFGEM FINANCIAL INFORMATION REPORTING YEAR ENDED 31 DECEMBER 2010 Under the Ofgem issued “Energy Supply Probe – Proposed Retail Market Remedies”, changes to generators and suppliers licences were made requiring licence holders to publish financial information to aid comparability of suppliers and generators. This “Segmental Reporting” satisfies Standard Licence Condition 19A of the Gas and Electricity Supply Licences and Standard Licence Condition 16B of the Electricity Generation Licence. EDF Energy (UK) Ltd and its subsidiaries (“EDF Energy”) operate through 3 operational business units supported by corporate services. These are “Energy Sourcing and Customer Supply”, ”Nuclear Generation”, “Nuclear New Build” and “Corporate Steering Functions and Company Shared Services & Integration”. The principal activities of these business units and support services are: Energy Sourcing and Customer Supply (ESCS): the provision and supply of electricity and gas to residential, commercial and industrial customers, the provision of services relating to energy, including purchasing of fuel for power generation and the generation of electricity; Nuclear Generation (NG): the generation of electricity through its fleet of nuclear power stations and Nuclear New Build (NNB): the development and construction of new nuclear power plants in the United Kingdom Corporate Steering Functions and Company Shared Services and Integration (CSF/CSSI): the provision of support services including HR, Finance, Property and IT, and the development of greater integration and synergies across the company where possible. The results of NNB are excluded from the scope of the Ofgem requirements hence NNB indirect and direct costs are not included in the analysis below. No consolidated statutory accounts have been prepared which include all UK operations of the EDF Energy group of companies. The results of EDF Energy are fully consolidated into the financial statements of EDF S.A which are publicly available. EDF Energy has been included within the United Kingdom segment of the Segmental note in the EDF S.A statutory accounts which can be found at http://www.edf.com/html/RA2010/en/pdf/EDF2010_fin_001_va.pdf. The results shown in the EDF SA statutory accounts are euro-denominated and also include the results of the Networks business which was sold on 29 October 2010. Recently Ofgem have provided further guidance in relation to their preferred classification of certain costs and revenues which have led to the re-classification of items from the 2009 Segmental Reporting published last year. For comparison purposes the 2009 Segmental Reporting has been restated using the revised guidance and can be found in Appendix 1. The format used for the Segmental Reporting is consistent with the Ofgem guidance issued in the Financial Information Reporting: Amended Guidance. edfenergy.com Page 1 of 7 OFGEM FINANCIAL INFORMATION REPORTING YEAR ENDED 31 DECEMBER 2010 EDF Energy Segmental Analysis 2010 Generation Electricity supply Gas supply Aggregate Non supply Unit Nuclear Domestic Non-domestic Domestic Non-domestic Nuclear business 2010 (1) 2010 (2) 2010 2010 2010 2010 2010 Total revenue £M 2,116 1,504 1,636 3,726 948 16 6,326 Revenue from sales of £M 2,107 1,467 1,632 3,725 946 16 6,319 electricity and gas Other revenue £M 9 37 4 1 2 0 7 Total operating £M 1,283 1,150 1,709 3,564 954 7 6,234 costs Direct fuel costs £M 290 820 919 2,474 522 6 3,921 Other direct costs £M 118 178 479 931 247 0 1,657 Indirect costs £M 875 152 311 159 185 1 656 EBITDA £M 833 354 (73) 162 (6) 9 92 DA £M 285 449 14 9 7 0 30 EBIT £M 548 (95) (87) 153 (13) 9 62 Volume TWh, therms 47.9 23.7 15.8 47.8 1017.4 19.6 WACO F/E/G £/MWh, p/th 6.06 34.60 58.16 51.76 51.3 30.6 (1) Figures shown represent 100% of nuclear capacity, shared 80/20 by EDF Energy and Centrica (2) Includes results of Eggborough for the first three months prior to divesture and Sutton Bridge for the full year which were both managed under Hold separate Arrangements and excludes the proceeds on disposal of Eggborough edfenergy.com Page 2 of 7 OFGEM FINANCIAL INFORMATION REPORTING YEAR ENDED 31 DECEMBER 2010 Assumptions used in the preparation of this table are as follows: Segments Generation includes, coal and gas fired generation, nuclear generation, wind farms, Independent Power Purchase agreements and other contractual relationships entered into by EDF Energy. By its nature nuclear generation has high associated fixed costs and relatively low fuel (uranics) costs when compared to fossil generation (see WACO section below). For this reason nuclear and non nuclear generation have been shown in two separate columns within ‘Generation’ in the Segmental Reporting. EDF Energy is involved in several joint ventures, primarily in relation to the production of power from renewable sources. Joint ventures are accounted for by proportionate consolidation and results are included within the Non Nuclear Generation segment. Revenue Generation revenues from sales of electricity include sales to external third parties as well as internal customers within EDF Energy. Supply revenues from sales of electricity and gas include only those revenues from the direct sale of electricity and gas to customers. Other revenues for the reported segments includes: Nuclear Generation: Provision of ancillary services to other nuclear facilities. o Non-Nuclear Generation: Sale of Renewable Obligation Certificates, by-products (e.g. ash, gypsum), ancillary service income and income received in o relation to an external tolling arrangement. Supply – Domestic electricity and Domestic gas: Other revenue relates to charges to customers for non-energy supply services provided e.g. energy saving o products, insurance products etc. Please note that: - EDF Energy operates a market reflective transfer pricing arrangement between its Generation and Supply businesses, with traded volumes transferred from the market facing book at actual traded price or a price reflective of the market price. - the hedging policy within EDF Energy for Generation businesses will lead to volumes of energy being sold in advance of delivery dates. The hedging policy attempts to remove the impact of short-term market volatility. Direct fuel costs Direct fuel costs for Non-Nuclear Generation reflects the direct costs of coal, oil and gas required to produce power. Fuel costs relating to Nuclear Generation principally include the cost of uranics (including fabrication) and spent fuel management costs. Direct fuel costs for the supply segments include the cost of purchasing energy in advance through bilateral contracts as well retrospectively through the industry imbalance mechanisms edfenergy.com Page 3 of 7 OFGEM FINANCIAL INFORMATION REPORTING YEAR ENDED 31 DECEMBER 2010 Please note that the hedging policy within EDF Energy for Supply businesses will lead to volumes of energy being sold or purchased in advance of delivery dates. The hedging policy attempts to minimise risk for the respective segments (in particular for domestic customers) and eliminate short-term market volatility. Other direct costs Other direct costs includes all costs, excluding direct fuel and metering costs, considered by EDF Energy to be included within Gross Margin for management reporting. This includes all costs incurred in delivering energy to customers (e.g. BSUoS, distribution costs,…) and environmental costs (Carbon, CESP, CERT,…) but does not include customer or business support costs (e.g. customer service costs, HR costs). Indirect costs Indirect costs contains all non gross margin operating costs including metering charges (net of income received), staff costs, property costs, head office recharges, bad debt expense, etc. The costs relating to EDF Energy Corporate functions (CSF & CSSI) are allocated to the 3 operational Business Units (ESCS, NG, NNB) based on specific key drivers for the various cost concerned. CSSI costs cover Shared Services, Property and Facilities, IT Operations and IT Projects and Transformation and allocations are based upon usage relating to each service. CSF costs relate to the central Corporate teams (Finance, HR, Strategy) and the allocation of costs is determined on an equitable basis across the business units. Indirect costs within business units, allocation per segment: ESCS (all non nuclear segments) indirect costs are allocated across non-nuclear generation and supply segments where the costs are principally incurred o within that segment. Where a function cannot be linked directly to a segment (e.g. HR, Finance) the associated costs have been apportioned to each segment based on appropriate cost drivers. This provides a better allocation of functional costs and is a change from last year’s publication where these costs were allocated by volume generated/supplied. It also is consistent with the overhead cost allocation methodology used for Ofgem probe enquiries in relation to the Domestic Market. NG business unit operates as a standalone segment and hence no judgemental apportionment of NG indirect costs is required o EBITDA/EBIT Earnings before interest, tax, depreciation and amortisation (EBITDA) is the net of revenues less direct costs, other costs, and indirect costs. Earnings before interest and tax (EBIT) are as above, but after deduction of depreciation and amortisation. Depreciation and Amortisation charges in the Non-Nuclear Generation segment include an impairment of £340m against the non-nuclear generating assets of the Group As in 2009, gains/(losses) from
Recommended publications
  • Download a Copy
    Cover image: Courtesey of EDF Energy — www.edfenergy.com/energy CONTENTS... 1 AT A GLANCE... 2 A BRIEF HISTORY OF NUCLEAR ENERGY... 4 BENEFITS OF NUCLEAR ENERGY... 5 WHAT THE PUBLIC THINK... 6 HOW NUCLEAR CREATES ENERGY... 7 HOW A REACTOR WORKS... 8 THE NUCLEAR FUEL CYCLE... 9 MANAGING WASTE... 10 RADIATION EXPLAINED... 12 NUCLEAR AROUND THE WORLD... 14 UK NUCLEAR SITES... 16 NUCLEAR NEW BUILD... 17 NEW BUILD IN NUMBERS... 18 LOOKING TO THE FUTURE... 19 DECOMMISSIONING... 20 CAREERS IN NUCLEAR... 21 FUTHER INFORMATION... AT A GLANCE... Nuclear is a major part of our energy mix. Today it accounts for 21% of electricity generated in the UK and has been providing secure low carbon electricity for over 60 years. Low carbon energy, including There are 15 nuclear power and renewables, nuclear power account for almost 51% of the reactors operating UK’s generation electricity mix across eight sites in the UK In 2016 nuclear energy avoided 22.7 million metric tonnes of CO2 emissions in the UK BEIS,Digest of UK Energy Statistics 2018 That’s equivalent to taking around a third of all cars in the UK off the road Civil nuclear contributes over £6 billion to the jobs in the UK civil nuclear sector UK economy as much as aerospace manufacturing 12,159 Women in civil nuclear 1,981 People on apprenticeships Three quarters of the public 914 believe nuclear should be part People on graduate schemes of the clean energy mix Jobs Map figures generated from participating NIA members 1 This simple timeline charts some of the key people, events and legislation A BRIEF HISTORY OF NUCLEAR ENERGY..
    [Show full text]
  • Gbh Xmas Menu A4 06 1
    Hinkley Point News from EDF Energy July 2009 Site Nomination Update EDF Energy recently nominated to Government an area of land adjacent to the existing Hinkley Point nuclear power stations for the development of new nuclear power. The aerial plan shows the full extent of the land that has been nominated. Not all of this land will be required for the development of new nuclear power, and not all of it will necessarily be needed during the construction process. Nominated Land Area Detailed feasibility and design work is currently underway to determine the precise location of the power station and associated buildings. This work will also determine the exact boundaries of the land needed for the construction period. Land used temporarily during the construction process will be restored afterwards. EDF Energy has also nominated sites for Area of land nominated by EDF Energy for new nuclear build new nuclear build in Dungeness (Kent), Hartlepool (Teesside), Heysham Further details of our nomination of development can be obtained from (Lancashire) and Sizewell (Suffolk). land for new nuclear power www.nuclearpowersiting.decc.gov.uk . Next Steps After reviewing the nominations and received and the draft NPS will be EDF Energy is committed to consultation initial comments on new nuclear build, amended as appropriate and the list of and keeping local people informed at all the Government will produce a draft sites will be finalised. stages through the development Nuclear National Policy Statement process. (NPS), which will include a list of Once they have undertaken their own potential sites. There will be public public consultation, developers of sites For an outline timeline for future consultation on this in Autumn 2009 confirmed to be strategically suitable in consultation on the development of new and it will be scrutinised by Parliament.
    [Show full text]
  • Position Regarding Future of Hartlepool Power Station November 2017
    Position regarding future of Hartlepool Power Station November 2017 This position statement has been prepared based on information available on EDF Energy’s website, NuLeAF (Nuclear Legacy Advisory Forum) website and information provided from officers within Hartlepool Borough Council. Background The nuclear power station in Hartlepool is managed by EDF Energy; it is capable of supplying energy to over 2 million homes in the UK. The power station started energy generation in 1983 and the estimated end of generation date is 2024. The current site employs approximately 530 people full time and a further 200 full time contract partners. Many of the nuclear power stations currently in operation across the UK are coming to the end of their operational lifespan and nuclear investment plan is underway. Whilst the current end of generation dates of these sites are not set in stone, there is probably little scope for any significant further extension of the operating lifetime of the power stations. EDF Energy is currently developing three new nuclear power stations (Hinkley Point C, Sizewell C and Bradwell B). More will be required in the future to replace aging power stations. Decommissioning In relation to decommissioning of the site, EDF gave the following overview of the three key phases at a recent NuLeAF meeting has drawn up decommissioning plans which divide into three phases: 1. Pre-closure transition and defueling (the defueling period is likely to take 3-4 years). 2. Site surveillance and Care & Maintenance 3. Reactor decommissioning and final site clearance. From start to finish this covers a period of approximately 100 years.
    [Show full text]
  • EDF ENERGY HOLDINGS LIMITED Registered Number 06930266
    EDF ENERGY HOLDINGS LIMITED Registered Number 06930266 ANNUAL REPORT AND FINANCIAL STATEMENTS 31 DECEMBER 2019 CONTENTS Page: 2 NigViZ\^X gZedgi 26 ?^gZXidghy gZedgi 28 ?^gZXidghy gZhedch^W^a^i^Zh hiViZbZci 29 DcYZeZcYZci <jY^idgyh gZedgi id i]Z HZbWZgh d[ @?A @cZg\n CdaY^c\h G^b^iZY 32 >dchda^YViZY ^cXdbZ hiViZbZci 33 >dchda^YViZY hiViZbZci d[ XdbegZ]Zch^kZ ^cXdbZ 34 >dchda^YViZY WVaVcXZ h]ZZi 36 >dchda^YViZY XVh] [adl hiViZbZci 37 >dchda^YViZY hiViZbZci d[ X]Vc\Zh ^c Zfj^in 38 IdiZh id i]Z Xdchda^YViZY [^cVcX^Va hiViZbZcih 109 >dbeVcn WVaVcXZ h]ZZi 110 >dbeVcn hiViZbZci d[ X]Vc\Zh ^c Zfj^in 111 IdiZh id i]Z >dbeVcn [^cVcX^Va hiViZbZcih Directors EZVc+=ZgcVgY Gqkn N^bdcZ Mdhh^ >da^c HVii]Zlh MdWZgi BjnaZg >]g^hide]Z >VgkVa K^ZggZ OdYdgdk SVk^Zg B^ggZ QZgdc^fjZ GVXdjg SVk^Zg PghVi >ZYg^X GZlVcYdlh`^ Nnak^Z EZ]Vccd Company Secretary Bj^Yd NVci^ &id 1/hi HVgX] 0./7'* EdZ Ndjid &[gdb /hi <eg^a 0./7' Auditor ?Zad^iiZ GGK C^aa CdjhZ / G^iiaZ IZl NigZZi GdcYdc Pc^iZY F^c\Ydb @>2< 1OM Registered Office 7. R]^i[^ZaY NigZZi GdcYdc @c\aVcY R/O 2@U / STRATEGIC REPORT Principal activities O]Z eg^cX^eVa VXi^k^i^Zh d[ @?A @cZg\n CdaY^c\h G^b^iZY &i]Z v>dbeVcnw' VcY hjWh^Y^Vg^Zh &id\Zi]Zg i]Z vBgdjew dg v@?A @cZg\nw'/ Yjg^c\ i]Z nZVg Xdci^cjZY id WZ i]Z egdk^h^dc VcY hjeean d[ ZaZXig^X^in VcY \Vh id XdbbZgX^Va* gZh^YZci^Va VcY ^cYjhig^Va XjhidbZgh* VcY i]Z \ZcZgVi^dc d[ ZaZXig^X^in i]gdj\] V edgi[da^d d[ \ZcZgVi^dc VhhZih ^cXajY^c\ cjXaZVg* XdVa* \Vh VcY gZcZlVWaZ \ZcZgVi^dc, O]Z Bgdje ^h Vahd ^ckdakZY ^c i]Z XdchigjXi^dc d[ cjXaZVg cZl Wj^aY VhhZih,
    [Show full text]
  • Our Vision: First in UK Power
    Operator: kevin Date: 02.06.2008 Server: studio 3 Set-up: Dave First Read/Revisions Our vision: First in UK power British Energy Group plc Annual Report and Accounts plc Annual ReportBritish Energy Group and Accounts 2007/08 British Energy Group plc GSO Business Park East Kilbride G74 5PG United Kingdom Registered in Scotland Number 270184 Annual Report and Accounts 2007/08 MM60056005 BBEE CCover.inddover.indd 1 99/6/08/6/08 007:24:147:24:14 Operator: kevin Date: 02.06.2008 Server: studio 3 Set-up: Dave First Read/Revisions British Energy is the lowest carbon emitter of the major electricity generators in the United Kingdom and the only low carbon baseload generator. BUSINESS SUMMARY Our Power Stations 01 Highlights 1 02 Our Strategy Torness Two advanced gas-cooled reactors 03 Key Performance Indicators 2 Hartlepool 04 Chairman’s Statement Two advanced gas-cooled reactors 3 Eggborough DIRECTORS’ REPORT – BUSINESS REVIEW Four coal-fi red units 06 Chief Executive’s Business Review 4 Sizewell B 14 Financial Review One pressurised water reactor 5 28 Corporate Social Responsibility ' Dungeness B / Two advanced gas-cooled reactors 6 Hinkley Point B DIRECTORS’ REPORT – CORPORATE GOVERNANCE 32 Board of Directors Two advanced gas-cooled reactors 7 1 34 Corporate Governance Heysham ( Two advanced gas-cooled reactors 42 Remuneration Committee Report 8 Heysham 2 49 Other Statutory Information . Two advanced gas-cooled reactors - ) 9 Hunterston B FINANCIAL STATEMENTS Two advanced gas-cooled reactors 51 Independent Auditors’ Report to the Members of
    [Show full text]
  • Onr Corporate Plan 2017/18 En Route to 2020
    ONR CORPORATE PLAN 2017/18 EN ROUTE TO 2020 Office for Nuclear Regulation Corporate Plan 2017/18 Financial year 1 April 2017 to 31 March 2018 Presented to Parliament pursuant to Paragraphs 23 and 25(3) of Schedule 7 to the Energy Act 2013 July 2017 © ONR copyright 2017 The text of this document (this excludes, where present, the Royal Arms and all departmental or agency logos) may be reproduced free of charge in any format or medium provided that it is reproduced accurately and not in a misleading context. The material must be acknowledged as ONR copyright and the document title specified. Where third party material has been identified, permission from the respective copyright holder must be sought. Any enquiries related to this publication should be sent to us at [email protected] This publication is available at https://www.gov.uk/government/publications Print ISBN 9781474145695 Web ISBN 9781474145701 ID P002881793 06/17 Printed on paper containing 75% recycled fibre content minimum Printed in the UK for Williams Lea Group on behalf of the Controller of Her Majesty’s Stationery Office CONTENTS 1. Foreword .........................................................................................................1 2. About this plan ..............................................................................................3 3. Our Operating Environment .........................................................................9 4. Our Strategic Themes and Key Activities ....................................................15 Influencing improvements
    [Show full text]
  • Nuclear Power and Deregulated Electricity Markets: Lessons from British Energy
    Nuclear Power and Deregulated Electricity Markets: Lessons from British Energy EPRG Working Paper 0808 Simon Taylor Abstract The privatisation in 1996 and subsequent financial crisis in 2002 of the company British Energy plc shed some light on the difficulties of running a nuclear generator in a deregulated electricity market. This paper explains the causes of the company’s financial difficulties and argues that they do not amount to evidence that nuclear power cannot survive in liberalised markets. The causes of the financial crisis were complex and varied but nuclear power risks are not conceptually different from those successfully handled by markets in other sectors. In particular there is no reason in principle why new nuclear power stations should not be viable in a deregulated power market, assuming they are fundamentally cost competitive. Keywords Keywords: Electricity markets, nuclear power, risk management, corporate strategy, financial strategy, G PAPER privatisation. N JEL Classification G32, L94, Q48 Contact [email protected] Publication February 2008 EPRG WORKI www.electricitypolicy.org.uk 1. Introduction The British government privatised the more modern UK nuclear power stations in the form of the company British Energy plc in 1996. The company was unusual in being a wholly nuclear merchant power generator in a deregulated power market. It was also unusual in having full financial responsibility for its back end nuclear liabilities. The company initially raised output and profits and saw its shares rise strongly. But by 2002 it had run out of cash and had to get emergency financing from the government to avoid going into administration.
    [Show full text]
  • Nuclear Research and Development Capabilities
    Nuclear Research and Development Capabilities Response from the Engineering the Future alliance which includes: • The Royal Academy of Engineering • The Institution of Engineering and Technology • The Institution of Mechanical Engineers • The Institution of Chemical Engineers • The Engineering Council • Engineering UK House of Lords Select Committee on Science and Technology April 2011 Engineering the Future is pleased to have the opportunity to input into the Committee’s inquiry into UK nuclear research and development capability. As the alliance of the UK professional engineering institutions, Engineering the Future can draw upon a wide range of expertise in the nuclear field. It is clear that maintaining a strong nuclear research and development capability within the UK is important not only in its own right, but also in terms of positioning the UK as a credible partner in the international civil nuclear business and in maintaining the skills pipeline required by the industry in the UK for today and the future. This response has been coordinated by the Royal Academy of Engineering on behalf of Engineering the Future. Engineering the Future is a broad alliance of engineering institutions and bodies which represent the UK’s 450,000 professional engineers. We provide independent expert advice and promote understanding of the contribution that engineering makes to the economy, society and to the development and delivery of national policy. Nuclear Research and Development Capabilities The implications of future scenarios • What are the research and capability requirements of nuclear energy policy options, roadmaps and scenarios up to 2050? • What consideration is the Government giving to the UK’s R&D requirements to meet the policy objectives for nuclear energy both in the near term and longer term (to 2050)? Does more need to be done? • What research capabilities and commitments are required now to meet these future nuclear energy policies? 1.
    [Show full text]
  • Nnb Generation Company Ltd
    NNB GENERATION COMPANY LTD COMPANY DOCUMENT HINKLEY POINT C MANAGEMENT PROSPECTUS © 2011 Published in the United Kingdom by NNB Generation Company Limited (NNB GenCo), 90 Whitfield Street - London, W1T 4EZ. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, without the written permission of the copyright holder NNB GenCo, application for which should be addressed to the publisher. Such written permission must also be obtained before any part of this publication is stored in a retrieval system of any nature. Requests for copies of this document should be referred to Head of Business Architecture, NNB Generation Company Limited (NNB GenCo), 90 Whitfield Street - London, W1T 4EZ. The electronic copy is the current issue and printing renders this document uncontrolled. Controlled copy-holders will continue to receive updates as usual. NNB GenCo – Company Document NNB-OSL-REP-000054 Management Prospectus THIS PAGE IS LEFT INTENTIONALLY BLANK Page 2 of 58 NNB GenCo – Company Document NNB-OSL-REP-000054 Management Prospectus THIS PAGE IS LEFT INTENTIONALLY BLANK Page 3 of 58 NNB GenCo – Company Document NNB-OSL-REP-000054 Management Prospectus MANAGING DIRECTOR’S STATEMENT This Management Prospectus for Hinkley Point C is written at a time of exciting developments in Nuclear Power in the UK. NNB Generation Company Limited was set up in 2009 to carry out the safe design, construction and operation of four EPR in the UK. While the EPR design is new to the UK, it is based on tried, tested and proven technology through over 30 years of safe and successful operation of similar designs in France.
    [Show full text]
  • Endless Trouble: Britain's Thermal Oxide Reprocessing Plant
    Endless Trouble Britain’s Thermal Oxide Reprocessing Plant (THORP) Martin Forwood, Gordon MacKerron and William Walker Research Report No. 19 International Panel on Fissile Materials Endless Trouble: Britain’s Thermal Oxide Reprocessing Plant (THORP) © 2019 International Panel on Fissile Materials This work is licensed under the Creative Commons Attribution-Noncommercial License To view a copy of this license, visit ww.creativecommons.org/licenses/by-nc/3.0 On the cover: the world map shows in highlight the United Kingdom, site of THORP Dedication For Martin Forwood (1940–2019) Distinguished colleague and dear friend Table of Contents About the IPFM 1 Introduction 2 THORP: An Operational History 4 THORP: A Political History 11 THORP: A Chronology 1974 to 2018 21 Endnotes 26 About the authors 29 About the IPFM The International Panel on Fissile Materials (IPFM) was founded in January 2006 and is an independent group of arms control and nonproliferation experts from both nuclear- weapon and non-nuclear-weapon states. The mission of the IPFM is to analyze the technical basis for practical and achievable pol- icy initiatives to secure, consolidate, and reduce stockpiles of highly enriched uranium and plutonium. These fissile materials are the key ingredients in nuclear weapons, and their control is critical to achieving nuclear disarmament, to halting the proliferation of nuclear weapons, and to ensuring that terrorists do not acquire nuclear weapons. Both military and civilian stocks of fissile materials have to be addressed. The nuclear- weapon states still have enough fissile materials in their weapon stockpiles for tens of thousands of nuclear weapons. On the civilian side, enough plutonium has been sepa- rated to make a similarly large number of weapons.
    [Show full text]
  • Torness Monthly Report August 2017
    Torness monthly report August 2017 Introduction We are keen to hear the views of our local communities. We recognise that good communication is a two way process and we welcome your feedback and comments. While we will do our best to always use plain English, talking about our business sometimes involves specific terminology, and you will find a glossary of any terms used at the end of each monthly report. Safety • The station had zero lost time incidents (LTI) during the reporting period. EDF Energy staff have had 448 LTI free days (more than a year) up to 31 August and contract partners have had 1148 LTI free days up to 31 August – that’s more than three years. • The station had no emergency services call outs during August. • There were two first aid injuries at the station in August. • The station had no environmental events during August and has gone 2390 days without an environmental event (over six years). Station output Two flasks containing spent fuel were safely transported to Sellafield for reprocessing during the period. Both reactors were operational for the whole month. Station news Torness teams up with Police Scotland to improve road safety Torness power station and Police Scotland have been working hard to teach apprentices about the dangers of taking risks whilst driving. The station recently joined forces with Police Scotland to improve road safety by carrying out a number of road safety presentations. The Young Driver Early Intervention was aimed at educating younger drivers (17-25) on the consequences of excess speed and hazards associated with inexperience and bravado.
    [Show full text]
  • EDF Energy Services, LLC Disclosure Label
    EDF Energy Services, LLC Disclosure Label 2020 Electric providers are required by the New Hampshire Public Utilities Commission to provide customers with an environmental disclosure label with information to evaluate services offered by competitive suppliers and electric utilities, and to provide information about the environmental and public health impacts of electric generation. Further information can be obtained by calling your electric utility or competitive supplier, or by contacting the Public Utilities Commission. Additional information on disclosure labels is also available at http://www.puc.nh.gov or on your electric provider’s website. Power Sources Air Emissions January 2019 - December 2019 January 2017 - December 2017 This table compares air emissions from this supplier's electricity This Supplier provided electricity with the mix to average emission levels from all New England power following NEPOOL System Mix of resources: sources. New England New England Supplier's Mix Mix Supplier's Mix Mix Gas 48.54% 48.54% (lbs/MWh) (lbs/MWh) Nuclear 8.98% 8.98% Wood 30.51% 30.51% Carbon Dioxide (CO2) 538.00 538.00 Refuse 0.16% 0.16% Wind 0.44% 0.44% Nitrogen Oxide (NOx) 0.29 0.29 Solar 0.05% 0.05% Landfill Gas 3.10% 3.10% Sulfur Dioxide (SO2) 0.15 0.15 Methane 1.60% 1.60% Steam 0.00% 0.00% Hydro 3.60% 3.60% Notes: lbs/MWh = pounds per Megawatt-hour Coal 2.53% 2.53% 1 Megawatt-hour = 1,000 kilowatt-hours Oil 0.02% 0.02% Other 0.03% 0.03% TOTAL 99.55% 99.55% POWER SOURCES: The electricity you consume comes from the New England power grid, which receives power from a variety of power plants and transmits the power as needed to meet the requirements of all customers in New England.
    [Show full text]