The UK/Ireland Nuclear Free Local Authorities were bitterly disappointed, but unsurprised, to hear recently British Government confirmation that it has decided to go ahead with the controversial Regulated Asset Base funding model for future nuclear power projects. The government is proposing to use the RAB model to pay for the cost of constructing a new power plant at Sizewell C in Suffolk and for a fleet of so-called Small Modular Reactors to increase nuclear generating capacity three-fold to 24 GW … read more »
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