The UK government should take a “significant stake” in new nuclear power plant projects, according to the Final Report of the Industrial Strategy Commission published today. The country urgently needs to replace its existing nuclear generating capacity because, of the existing fleet amounting to 8.9 GWe of capacity, all but 1.2 GWe will need to be retired by 2030, it adds. A joint initiative between academics at Manchester and Sheffield universities, the commission said the new strategy should be driven by the long-term needs of the UK, which include decarbonising the economy, improving infrastructure, boosting export capacity and unlocking long-term investment.
World Nuclear News 1st Nov 2017 read more »