nuclear-news

UK’s Nuclear Free Local Authorities (NFLA) alarmed at likely promotion of nuclear power in govt’s White Paper

NFLA 24th June 2019 The Nuclear Free Local Authorities (NFLA) has been monitoring with concern
the UK Government’s expected summer White Paper expected to advocate the
funding of new nuclear power stations through the Revenue Asset Base (RAB).
In the view of the NFLA this could put a heavy financial burden and
unnecessary risks for such projects on to the public purse and the consumer
– effectively us the taxpayer.

This move largely arises from the heavy
costs of contract for delivering the Hinkley Point C reactor project and
the collapse of the Sellafield Moorside and the Wylfa B projects over the
past year. It also comes at a time when the financial costs of offshore
wind, onshore wind, solar and energy storage schemes all continue to come
down in cost.

http://www.nuclearpolicy.info/news/nfla-concerned-edf-financial-risks-public-purse-new-nuclear/

June 27, 2019 - Posted by Christina Macpherson | politics, UK