Philip Webster, Political Editor and Robin Pagnamenta, Angela Jameson and Lewis Smith
Attend an evening with Andre Agassi

The race to a nuclear future began last night, as operators promised the first
new power stations within a decade, and French and British companies vied
for the contracts.
Ministers ended years of uncertainty by declaring that nuclear power was
“clean, secure and affordable”, but they declined to put a limit on the
number of new stations nor the amount of electricity they could supply,
prompting companies to set the battle lines for their share of the £36
billion construction programme.
Boosted by government promises to help fast-track a fresh breed of reactors,
Areva, the French energy company, rushed in with a bid to build six plants,
with the first operational by the end of 2017. Four would be in partnership
with another French company, EDF, and the other two with different partners.
British Energy, the UK’s main generator, said it would announce one or two
proposals in March. Centrica, the owner of British Gas, voiced an interest
in a new plant and the German companies E.On and RWE, which own Powergen and
nPower in Britain, are also likely to want to take part.
John Hutton, the Business Secretary, who outlined the plans, said last night
that all electricity generated in Britain should be produced without
emitting any carbon by the middle of the century.
The problems posed by climate change were so grave that the nation needed to
eradicate all carbon dioxide emissions from electricity generation, he said.
The stations will almost certainly be built on or close to existing nuclear
sites, where they have been accepted by local communities.
With demand for power high in the South East and around London four sites -
Sizewell, Bradwell, Hinkley and Dungeness – have already been identified as
prime places for the new stations, with Wylfa in Anglesey, Hartlepool and
Heysham next in line. The two Scottish sites at Hunterston and Torness would
be obvious candidates but the ruling Scottish National Party in Scotland has
threatened to block their development.
All the stations will be built by the private sector but the Government has
promised to streamline planning procedures to prevent protesters from
delaying them unreasonably, and there will be a standard approved design so
that individual local debates can be cut in time. The companies will be
expected to pay decommissioning costs and their full share of the costs of
managing waste.
Mr Hutton insisted that there would be no subsidies, although he accepted
that public funds would have to come forward in “very unlikely circumstances
of an emergency at a nuclear plant”. He said: “If there is a catastrophic
event then I think that it is right that the Government steps in.”
That statement is viewed as a crucial guarantee for investors to ensure that
developers will be able to obtain insurance for the industry in future. The
Government rejected the argument that a permanent solution to the disposal
of nuclear waste should be found before plants were approved.
Existing “interim” storage facilities were adequate until a permanent
underground site for the disposal of waste could be identified, Mr Hutton
said. That is likely to be under the sea off Cumbria, or in an underground
bunker.
The Government did hint at the possibility of tax breaks to allay the huge
costs of decommissioning. Yesterday’s White Paper said that the Treasury
“was exploring action to ensure a level fiscal playing field between nuclear
power and other forms of electricity generation”.
Luc Oursel, the chief executive of Areva, said that his company was already
in talks with 11 European utilities, including Centrica and British Energy,
about building the new plants that would generate 15 per cent of Britain’s
electrical capacity. “Our ambition is to build at least four, probably six,
in the UK - the first by 2017 – and to provide these utilities with all the
services and fuel necessary for their operations,” Mr Oursel said.
The Royal Society called the announcement “an ambitious package, which should
provide the means of meeting our energy needs, but much remains to be done
to meet our greenhouse gas emission objectives. The Government has given a
strong signal on key elements of the required energy mix such as nuclear
power and the development of existing and new renewables.”
Tony Juniper, director of Friends of the Earth, said: “New reactors are not
the answer to UK energy problems and will do little to tackle climate
change. We could meet our energy requirements by investing in cleaner, safer
solutions such as renewables, combined heat and power, energy efficiency and
the more efficient use of fossil fuels.”
Follow @theredbox, @dannythefink, @NicoHines and @timespolitics for the latest political tweets
Sam Coates keeps you up-to-date with events from Westminster
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
1998
£47,955
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
Check your free Experian credit report before applying
Car Insurance
£353 per day
Phonepay Plus
London
£12,000 plus expenses
Ministry of Justice
London
£85k
CPA
Highly Competitve
Specsavers
Whiteley, near Southampton
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
7nts - Penang £499; Borneo £699; All Inclusive £799 including flights, taxes, accommodation and private transfers
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.