Antinuclear

Australian news, and some related international items

UK government PR exercise “Great British Nuclear” headed for financial failure

 Letter Steve Thomas: Six months after it was announced, it is clear that
Great British Nuclear was no more than a government PR exercise. You report
that it “could prevent a repeat of the Wylfa and Cumbria farragoes”.
That would be remarkable.

The Cumbria project failed because the reactor
supplier, Westinghouse, went bankrupt; Wylfa failed because, although the
government offered to take a 30 per cent stake, no other investors came
forward.

he problem with nuclear is not that we don’t have the
organisation quite right. It’s that nuclear is far too expensive and
economically risky and takes much too long to build to be any use.

 Times 25th Sept 2022

https://www.thetimes.co.uk/article/admit-it-nuclears-going-nowhere-tclmnr89f

Advertisement

September 26, 2022 - Posted by | Uncategorized

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: