nuclear-news

Should British tax-payers cough up for both Hinkley and Wylfa nuclear power boondoggles?

FT 23rd June 2017, NAO said the government should have at least considered sharing the construction risk at Hinkley to lower the cost for consumers. This conclusion will add to debate in Whitehall over whether the government should contribute to financing other planned nuclear plants, including one planned by Hitachi of Japan at Wylfa in Anglesey.

Talks have been held between the UK and Japanese governments about making Wylfa a public-private partnership, according to people briefed on the matter. This would reduce costs for consumers compared with Hinkley but expose taxpayers to more risk. https://www.ft.com/content/8a6a7f5a-574b-11e7-80b6-9bfa4c1f83d2

June 24, 2017 - Posted by Christina Macpherson | politics, UK