French energy boss in nuclear warning

French energy giant, EDF, owner of London Electricity, is setting stringent conditions before it agrees to a multi-billion pound investment in new British nuclear reactors.

The demands throw into question the viability of a new nuclear programme that could cost

They come as Whitehall sources indicate serious disquiet in the Treasury over the possibility that costs will escalate and that nuclear generation will remain vulnerable to the volatile electricity prices that led to the collapse of British Energy in 2002, leaving taxpayers exposed.

Observer