|The U.K. Nuclear Renaissance Is A Zombie
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|Author:||KingCobra [ Mon Jan 14, 2019 6:30 am ]|
|Post subject:||The U.K. Nuclear Renaissance Is A Zombie|
Almost 13 years later, just one plant is under construction -- the Hinkley Point project being built by France’s state power company in southwest England. There’s increasing doubt any more reactors will follow. Reports on Friday said Japan’s Hitachi Ltd. has decided to halt work on the Wylfa project in North Wales. That’s follows Toshiba Corp.’s decision in November to abandon a plant in northwest England.
“The U.K. nuclear renaissance is a zombie,” said Laurent Segalen, a managing partner at Megawatt-X in London, who advises on financing wind and solar projects.
FULL ARTICLE HERE: https://www.bloomberg.com/news/articles/2019-01-12/britain-s-failing-nuclear-plan-poses-huge-question-for-power
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