Thursday, September 15, 2016

Hinkley Point approved

The first new UK nuclear power plant for year will go ahead.

In a statement, the government said: "After Hinkley, the British Government will take a special share in all future nuclear new build projects. This will ensure that significant stakes cannot be sold without the Government's knowledge or consent."

It added: "There will be reforms to the government's approach to the ownership and control of critical infrastructure to ensure that the full implications of foreign ownership are scrutinised for the purposes of national security."

Energy Secretary Greg Clark, said: "Having thoroughly reviewed the proposal for Hinkley Point C, we will introduce a series of measures to enhance security and will ensure Hinkley cannot change hands without the government's agreement.

"Consequently, we have decided to proceed with the first new nuclear power station for a generation."

More details here and here.

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