Despite Hinkley, the new plan for nuclear is hardly better than the old one
Taxpayers are still on the hook, and renewable options are still being overlookedThe government's new funding model at the heart of its plan for a nuclear renaissance is an improvement since it struck a deal three years ago to support Hinkley Point C in Somerset. This is the best that can be said for the new strategy, outlined by officials in a consultation last week. It is also very faint praise.EDF Energy's deal to build Hinkley Point C, Britain's first new nuclear power plant in a generation, has been dubbed the world's most expensive power plant of all time, a "white elephant" in a changing energy landscape, and a risky and expensive gamble with taxpayers' money. Continue reading...
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