National Infrastructure Commission model spells trouble for nuclear RAB funding. Dr Jim Cuthbert questions whether the government’s funding method for its nuclear power programme provides value for money, given it now expects the plants to take nearly twice as long to build. A major part of the government’s energy strategy is a programme of eight new nuclear power stations, to be funded by the Regulatory Asset Base (RAB) funding method. One of the main features of RAB is that it … read more »
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