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UK taxpayers to boost nuclear project by £2 billion support package for Hinkley Point C.

text-my-money-2Taxpayer to give nuclear project a £2bn boost, Times,  Robin Pagnamenta Energy Editor, 21 Sep 15 The government has moved to shore up flagging support for Britain’s first new nuclear power station in 20 years with a £2 billion support package for Hinkley Point C. It was originally estimated that Hinkley Point C would cost £5.6bn to build, [now at £24.5bn and rising]
The financing guarantee, backed by taxpayers, was announced as George Osborne arrived in China for final talks about the troubled project to build two giant 1.6-gigawatt nuclear reactors in Somerset……...(subscribers only)  http://www.thetimes.co.uk/tto/business/industries/utilities/article4562711.ece

September 21, 2015 - Posted by | general

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