Assessing invest ability of new nuclear projects like Sizewell C. The UK is grappling with the problem of inviting the private sector to invest in new nuclear without interest driving up the price. Its solution cuts costs – but transfers the risk to consumers. UK Chancellor Jeremy Hunt confirmed recently that the UK would back the proposed Sizewell C nuclear power plant with an investment of £679m. The funding had initially been announced by then Prime Minister Boris Johnson. It … read more »
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