Committee Tells Gov’t To Make Nuclear Financing Decision By End Of Year :: The Independent Global Nuclear News Agency

Committee Tells Gov’t To Make Nuclear Financing Decision By End Of Year :: The Independent Global Nuclear News Agency: The British government must make a decision on the future finance framework for new nuclear power by the end of 2019 and should support new nuclear generation if it wants to meets its net zero-emissions target by 2050, a report published today said.



The parliamentary report by MPs on the science and technology select committee said the government should “sustain, but not grow” the UK’s nuclear power industry. It must anticipate any gap in future generation capacity such a policy would cause, and support sufficient renewable power alternatives to fill the gap.



The committee concluded that it is not possible to directly compare the costs of different power generation technologies, but “the government is right to support nuclear power subject to it representing value for money, because full lifecycle emissions from nuclear power will help the UK to achieve its emissions reduction targets”.