British Energy shares slide on output concerns Shares in British Energy dived 8 per cent yesterday as problems at two of its nuclear power stations threatened to slash output a year after boiler cracks forced two of its other plants to close all winter. British Energy shares led the FTSE 100 index down after the UK's biggest power generator said it had shut two more reactors after finding an "issue related to a wire winding" in the boiler closure unit at its Hartlepool-1 plant. The weekend closures left almost half of British Energy's nuclear reactors offline yesterday morning and revived memories of its Hinkley Point and Hunterston nuclear power stations being closed throughout last winter.
Shares in British Energy dived 8 per cent yesterday as problems at two of its nuclear power stations threatened to slash output a year after boiler cracks forced two of its other plants to close all winter.
British Energy shares led the FTSE 100 index down after the UK's biggest power generator said it had shut two more reactors after finding an "issue related to a wire winding" in the boiler closure unit at its Hartlepool-1 plant.
The weekend closures left almost half of British Energy's nuclear reactors offline yesterday morning and revived memories of its Hinkley Point and Hunterston nuclear power stations being closed throughout last winter.
Brown should pray for a warm winter... In the long run, we're all dead. John Maynard Keynes
Of course, it's an irony of history that "anti-American" Gaullist France abandoned it's domestic gas reactors and went for American technology while the Brits with their "special realtionship" stayed with domestic gas reactors... Peak oil is not an energy crisis. It is a liquid fuel crisis.