Britain's nuclear cost bomb

The UK Government will guarantee a power price for a new nuclear plant that is 50% higher than the cost of wind power in Australia. It's time the anti-wind lobby recognised the reality of nuclear economics.

The UK government announced last week that it had reached a power purchase agreement with French firm EDF for the first new nuclear power plant to be built in the country in decades. This single project, known as Hinkley Point C and involving two European Pressurised Reactors, will be capable of producing 7 per cent of the UK’s entire power needs with close to zero carbon emissions. 

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