Nuc_Hitch
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10 years ago @ Hitchhiker's Guid... - \'Mind the (nuclear sk... · 0 replies · +1 points
10 years ago @ Hitchhiker's Guid... - \'Mind the (nuclear sk... · 0 replies · +1 points
A decentralised energy sector lacks the foresight to invest in long term projects, which may take 10+ years to show returns on investment. This, in my view, is why we haven't seen any new nuclear plants in the last 20 years, and I think until that changes we are unlikely to see anywhere near our previous growth. Sure, foreign investor owned nuclear power stations will be necessary. But it doesn't provide the same security, as in employment and wholesale cost, that a state owned facility can.
New nuclear is a really interesting topic, and we have a lot of expertise in the U.K. regarding new nuclear design, I'd really like it to be a topic of some future discussion at the blog.
Not so inward now...
Mark