For the first time, the NIA commissioned a cross-sector report looking at the full economic impact of nuclear new build, decommissioning and operations in the UK. From our annual Jobs Map we knew there are 65,000 directly employed in the industry and from the government’s figures we know nuclear generated 21% of the UK’s electricity in 2016 – more than any other single low carbon technology – but what about the broader economic impact? The research led by Oxford Economics show the sector contributed £6.4 billion to the UK economy in 2016. That is equivalent to the output of the aerospace manufacturing industry and 0.3% of the UK’s entire GDP.
NIA 4th Dec 2017 read more »
Nuclear power accounted for a fifth of total electricity produced in the UK last year and it remains the largest single source of low carbon electricity in the UK, providing 46% of the low carbon electricity produced, with wind, solar, hydro and biomass providing the remainder, according to the Nuclear Industry Association’s first Activity Report, issued today. With two-thirds of all dispatchable power capacity retiring between 2010 and 2030, including all but one of the country’s existing nuclear stations, the NIA warns that this will need to be replaced with a new fleet to continue providing the reliable, secure low carbon power the UK will need.
World Nuclear News 4th Dec 2017 read more »
The civil nuclear industry is worth £4.3bn to the North West economy and supports more than 57,000 jobs according to a new study.
NW Evening Mail 5th Dec 2017 read more »