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Britain’s nuclear mess – the never-ending madness of rising nuclear costs

The costs of nuclear energy just keep on rising. If we could, we would stop this madness, Telegraph, JEREMY WARNER,28 MARCH 2017  In 2008, Westinghouse – by then owned by the Japanese electronics to power engineering conglomerate, Toshiba – became the first company to win permits in the US for nuclear power plant construction since since the Three Mile Island meltdown in 1979.

At around the same time, the UK Government gave the go-ahead for a new generation of new nuclear power plants, starting with Hinkley Point C in Somerset. Again, it was the first new nuclear build to be sanctioned since the catastrophe of Chernobyl, which had similarly traumatised public opinion and turned it against nuclear energy.

Enough time had elapsed, policymakers calculated, for people to have forgotten. In any case, advocates insisted, nuclear power had become much safer in the intervening years; it was also widely claimed that improvements in design and technology had made the costs of building nuclear power plants both much more predictable… (subscribers only) http://www.telegraph.co.uk/business/2017/03/28/costs-nuclear-energy-just-keep-rising-could-would-stop-madness/

March 29, 2017 - Posted by | general

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