Nuclear go ahead of sorts

10 January 2008

Nuclear given go-ahead but there is still a lot to do before they produce electricity most predict it will be 2020 before the first project gets on the bars.

Nuclear power stations have been given the go ahead by the government. What this actually means is that if a private company decides to build a nuclear power station at one of the four nominated sites it will get streamlined planning permission. The government now no longer onjects to nuclear and so the PR hurdle will be overcome with full government backing.

The government has stated that if the company goes bust at the point of decommissioning then they will pick up the tab. Not suprisingly many companies will be looking into exactly these costs, as most accept that nuclear has a powerful argument (excluding decommissioning costs) but the argument becomes much more marginal if you include decommissioning costs. Most players may even look to go into bankruptcy at the end of the life of the plant.


Electricity  Nuclear  Renewable Energy  Generation  Climate Change 

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