I can see this from my house (more or less). It looks like another delay to this major infrastructure project:
http://ift.tt/2a8YFk2
In general I'm in favour of nuclear power forming a significant part of our electricity generation inventory. I'm torn about this because I think that, for the strategic good of the coutnry, the finance and engineering expertise should have been home-grown. Instead the technology is French and a large amount of the finance is from China.
As a result, I'm not happy with the index-linked £95/mwh deal that the government agreed to allow funding to go ahead. Like with the water industry, the customers will be over-charged to provide very generous returns to shareholders. In this case it's not even UK pension funds and the like which will benefit. :mad:
The short notice U-turn OTOH smacks of unprofessionalism and panic.
http://ift.tt/2a8YFk2
Quote:
|
The government then said it was "only right" to review the project and would make a decision by the autumn. Contracts were supposed to have been signed on Friday. |
As a result, I'm not happy with the index-linked £95/mwh deal that the government agreed to allow funding to go ahead. Like with the water industry, the customers will be over-charged to provide very generous returns to shareholders. In this case it's not even UK pension funds and the like which will benefit. :mad:
The short notice U-turn OTOH smacks of unprofessionalism and panic.
via International Skeptics Forum http://ift.tt/2aC5y28
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