Neil Collins: Case for abandoning nuclear energy has never been more powerful. We are in a strong position where electricity supplies are secure and costs are falling says Greg Clark. [Hinkley] promises to be an epic financial disaster and the remaining two on the drawing board seem increasingly likely to stay there. Chris Huhne and Ed Davey assumed oil was running out, the pair reluctantly supported new nukes, laying the foundation for today’s meltdown. The grim truth is that these huge projects are a financial dead end, driven there by changing technology along with escalating safety requirements and the cost of decommissioning. Dieter Helm argues there is a strong case for abandoning nuclear altogether.
FT 25th Jan 2019 read more »