Tim Yeo: The role of Hinkley Point in the UK energy mix in the context of Brexit. After a lengthy and difficult birth lasting more than a decade the news from Hinkley Point C (HPC) has been steadily improving for some time. This week’s announcement that the project’s spending in the South-West has hit £3.2 billion, double the original target, demonstrates the huge boost which the construction of a new nuclear plant gives to a region’s economy. The 1700 new jobs which HPC will create in the next year are tangible proof that investment in low carbon technology is helping Britain to recover from the Covid driven recession and could deliver similar benefits in other countries.
New Europe 28th May 2021 read more »