Sector - Finance & Legislation
Sellafield praised by Northern Powerhouse
19 Sep 19
Leading figures within the fields of politics, business, and communities all attended the Northern Powerhouse Partnership’s (NPP) ‘Convention of the North’ in Rotherham last week and discussed how the Sellafield project can make the region a leader in developing sustainable energy.
At the event, figures commented on how Sellafield Ltd and its supply chain can be used as a model for building practices in the 21st Century, while also driving the Government’s recent Industrial Strategy, with NPP commenting on the history and pedigree of the company.
According to an independent review by the Northern Powerhouse Partnership, the North of England could utilise the opportunity, of becoming a renewable energy provider, to provide economic growth, improve productivity, and also create jobs.
The Head of Corporate Affairs at Sellafield Ltd, Jamie Reed stated: “We are very supportive of the aims and ambitions of NPP’s strategy. Low carbon energy production is crucially important for economic growth and to meet the UK’s target of zero emissions by 2050.
“Sellafield already plays a vital role in the UK’s energy sector, providing spent fuel and waste management services to the nuclear industry on behalf of our owner, the Nuclear Decommissioning Authority.
“Our priority will always be to deliver our mission in the national interest but we are also ready to play our part in the development of the next generation of the energy industry.
“Sellafield was the birthplace of the first generation of low carbon electricity production. Calder Hall, the world’s first nuclear power station was designed and built in the north and safely operated for 47 years, well beyond its estimated lifespan.
“We have now successfully removed all of its nuclear fuel, which puts us well on the way to safely decommissioning the facility. This shows the northern energy industry at its best: pioneering innovation, safe and reliable operations, and responsible waste management and clean-up.
“Calder Hall was one of the 20th century’s greatest technological achievements. I am hugely excited about our potential to make a similar pioneering contribution to the 21st century energy industry.”
If you would like to read more articles like this then please click here.
More Finance & Legislation News
- How will the housing crisis be handled after the election?
22 Nov 19
With a General Election looming, housing providers are keen to know the policy of each
- Over £57M awarded to Skills for Londoners Capital Fund
22 Nov 19
The Skills for Londoners Capital Fund received £57.6M for improvements projects.
- Significant drops monthly project value according to Glenigan
21 Nov 19
The value of projects starting onsite rapidly declined compared statistics a year before.
Sector Press Releases
- Manchester Construction Networking Event
We hosted a construction-focused networking event on the rooftop terrace of Great John Street Hotel.
- Green shoots showing for Construction
The latest IHS Markit/CIPS Construction PMI figures have been released, showing a resurgence to growth for the industry.
- Prevail celebrates success at the UK Infrastructure Show
Prevail had a fantastic day at the UK Infrastructure Show. Even the sunshine made an appearance.
- A collaborative platform for AFPs – Can technology finally deliver?
New technology and streamlined applications for payment makes collaboration in construction a reality.
- Strong housebuilding growth boosts construction industry
This is according to the latest figures from the Office of National Statistics.
- Reaction to the latest Markit/CIPS UK construction PMI for April
The Vinden Partnership says industry growth a result of investment in infrastructure.
Sector Case Studies
- A gift from Singapore – The Enforcement of International Mediated Settlement Agreements
What happens if your dispute is with a party that is based in a different
- Hide and Seek and Adjudicators
Peter Vinden of The Vinden Partnership on the lengths contractors go to to avoid the
- Adjudicator slips, errors and cock-ups!
Every adjudicator is prone to the human condition of making slips, errors and mistakes from
- Financing UK Construction – Earthquakes and Tidal Waves
Peter Vinden explores the Business Contract Terms (Assignment of Receivables) Regulations 2018.
- To set-off or not? That is the question
Can a paying party raise a set-off not previously raised in a Payment or Pay
- Yorkshire Building Services Ltd
Construction firm Ship Shape sails ahead with new funding line from Bibby Financial Services.