The boss of one of the three supposed consortia claimed to be building Britain’s nuclear power stations has all but admitted that his project is a fantasy one. As can be read in the Telegraph story below, the boss of the ‘Horizon’ project has said that new nuclear power in the UK depends on private investors. Well, that is not going to happen. Who would want to put shares in a venture that might (as in the case of its project in Taiwan) take 15 years not to be completed, or which may not work very well? Nobody. The only possible exceptions to this are (foreign) governments with political, rather than than money-making, objectives. Even they are disappearing! (France and China).
Dave Toke’s Blog 15th Feb 2016 read more »