EDF Energy wants Britain to fix the market if it builds nuclear plants - Times... - The Diigo Meta page

• 09 Nov 09
  

  Energy Net

  British families could be forced to pay up to £227 extra on their annual energy bills to help to fund a new generation of nuclear power stations under plans proposed by the French company expected to build most of them.
  
  EDF Energy, which wants to build four reactors in Britain at a cost of about £20 billion, was accused of holding the Government to ransom last night, after an executive told The Times that none would be built unless the Government agreed to underwrite part of the cost. Speaking before a government announcement on Britain’s energy future on Monday, Humphrey Cadoux-Hudson, managing director of EDF Energy’s new nuclear business in Britain, said the nuclear programme would proceed only if the Government ensured that consumers paid more for electricity from fossil fuels, such as coal and gas, which is cheaper but produces more greenhouse gas, making nuclear more competitive.

  nuclear energy ratepayers uk europe economics nuke.news nuke.news.int edf

Would you like to comment?

Join Diigo for a free account, or sign in if you are already a member.