Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, November 5, 2019

Why U.K. Is Pushing Nuclear Power as Others Waver: QuickTake - Bloomberg

Why U.K. Is Pushing Nuclear Power as Others Waver: QuickTake - Bloomberg: Even as some nations move away from nuclear power, the U.K. is forging ahead. Hinkley Point C, under construction in southwest England, will be Britain’s first new nuclear power station in about three decades and is its largest construction project ever. With a price tag that has soared to 22.5 billion pounds ($29 billion) -- necessitating an unusual repayment plan that saddles British ratepayers with extra costs for decades -- Hinkley Point is a high-stakes test of one way to cut down on the ca

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