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United Kingdom: Nuclear power gets 10bn financial guarantee boost

2013-06-27 22:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The government has responded to warnings that Britain is on the brink of power blackouts by announcing 10bn in financial guarantees to the nuclear power industry a concession aimed at paving the way for the building of the first new reactor in the country for a generation. The support for French generator EDF, which is in negotiations to build the Hinkley Point nuclear power station, was announced by the Treasury chief secretary, Danny Alexander, as the centrepiece of a 100bn package of infrastructure...

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Category:Electronics and Electrical

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