Nuclear Plants ‘To Cost UK Billions’

A NEW generation of nuclear power stations could be built in Britain, but only if the UK government is prepared to throw billions of pounds worth of public money into the project, according to a leading economic think tank.

The report by Oxera, published tomorrow, concludes that the potential returns on investment in new nuclear power stations are too small to justify the risks for private companies. Unless the government provides them with huge capital grants or debt guarantees, the eight new nuclear power plants required would not be built by industry.
Times Online