The UK’s ambitious plans to build six nuclear plants has raised concerns that it is losing control over critical infrastructure. Wylfa, on the island of Anglesey, is one of several sites designated for the plants, which could cost up to £100bn and, if all goes to plan, will replace the UK’s ageing coal power stations. But despite the billions of pounds about to be poured into nuclear energy in Britain, only some is likely to stay in the UK. Of the six plants being planned, none will be owned by a British company. The lack of British participation in such a massive domestic programme has drawn opposition. Critics say the project represents yet another example of the country’s propensity to allow foreign companies and governments to profit from the UK’s most sensitive — and lucrative —infrastructure projects.
FT 18th Aug 2016 read more »