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Utility Week 13th December 2019

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6 | 13TH - 19TH DECEMBER 2019 | UTILITY WEEK Review of the year Analysis I t will go down as a historic year for utilities – and the planet too. It's been a year of landmark policy intervention, regulatory reset, government upheaval and shock developments. And it also wit- nessed the birth of a national climate change agenda that will shape the UK's energy and water strategy not only over the new decade, but for generations to come. An abundance of standout features makes it hard to do justice to one of the most critical 12 months ever for our industry. And as I write this review, the year's signi• cance and repercussions have still to play out, with the general election being held even as we go to press. The only thing certain now is that whether it's a victory for one of the main parties or a hung parliament, the result will have profound and long-lasting rami• cations for the sector and the country. Yet it seems almost • tting that a year that came in with a bang should leave the stage in the same way. A year that made history As the rollercoaster ride that is 2019 draws to a close, Suzanne Heneghan selects some of the top moments, people and pronouncements of an unforgettable year. Nuclear fallout The start of 2019 saw Hitachi suspend plans to build new nuclear plants at Wylfa and Oldbury, sparking fears about the UK's future energy security and its ability to achieve its targets on reducing greenhouse gas emissions. Wylfa, on Anglesey, was the furthest advanced in the UK's nuclear new-build planning pipeline a… er EDF's Hinkley Point C power station, under construction in Somerset. It was the second blow for the UK's nuclear programme in three months, fol- lowing the axeing of Toshiba's plans for a power station at Moorside, Cumbria. Tim Yeo, former chair of the Energy and Climate Change Committee and current chair of New Nuclear Watch Europe, said the suspension of work by Hitachi posed an "existential threat" to the UK's nuclear industry. It is a debate that continues – with the price of o" shore wind now way below the cost of new nuclear, pro-nuclear play- ers arguing the case for a diverse, well- balanced energy mix, and a government consultation under way about a new, reg- ulated asset base funding model.

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