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UK nuclear power enters new age with Hinkley deal - with householders footing the bill

2013-10-22 02:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: The French and Chinese investors in Britains first new nuclear power station in two decades will receive a guaranteed price of 90-95 per megawatt hour of energy produced, the Department of Energy is expected to announce today. The agreed strike price, which will ultimately be footed by households, promises to be controversial because it is double the current market price for electricity and it comes as energy suppliers are imposing inflation-busting hikes in domestic bills. The guaranteed...

Tags: the power age bill

Category:Electronics and Electrical

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