Hinkley Point C: now for a deep rethink on the nuclear adventure?

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Theresea May moved to restrict ownership in the plant but she should have binned the project on cost and design grounds

It’s astonishing. British governments have fiddled for a decade with the terms and structure of the Hinkley Point deal. The proposed agreement runs to thousands of pages, as you would expect with an £18bn contract to build the first new nuclear power station in the UK for a generation. Yet nobody seems to have considered what would happen if EDF, an over-indebted outfit over-reliant on the goodwill of current and future French politicians, ever wanted to sell Hinkley.

Theresa May’s review is a let-down on the central question of whether the Hinkley Point C project should proceed; she should have binned the project because the technology was unproven and the financial terms a rip-off.

Related: China plans central role in UK nuclear industry after Hinkley Point approval

Related: Estimated cost of Hinkley Point C nuclear plant rises to £37bn

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Source: china
Link : Hinkley Point C: now for a deep rethink on the nuclear adventure?

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