The Prime Minister Rishi Sunak says that nuclear power is the ‘perfect antidote to the energy challenges facing Britain’, but things seem to be going a bit amiss with nuclear finance. Basically, not many want to fund new nuclear projects any more, as costs and delays escalate along with political sensitivities. For example, China’s CGN has halted funding for UK’s part-built Hinkley Point C European Pressurised-water Reactor. CGN may yet restart payments, but, if not, its developer, the French company … read more »
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