nuclear-news

What is wrong with UK nuclear power? Too much “Hopium”?

 What looks like a potential solution to some of our energy issues has
turned into what Taylor Swift would describe as “Trouble, Trouble,
Trouble”. Cost overruns and delays are like the twins you do not want. It
is hardly auspicious when this is the plan. The UK government has said in
the past it wants nuclear to provide up to 25% of the UK’s electricity
needs by 2050 as part of its plans to combat climate change. That frankly
looks like pie in the sky at the present rate of progress. Or what has come
to be called “Hopium”. We have a political class who seem unable to
manage any sort of large project. They spend money yes but what do we get
in return? Edf continue the theme by talking about “productivity” in
relation to Hinkley Point C when so far nothing has been produced. Will
Sizewell C be even running by 2050?

 Not a Yes Man’s Economics 25th Jan 2024

January 28, 2024 - Posted by Christina Macpherson | Uncategorized