Funding challenges for nuclear power projects are continuing, with one of Britain’s biggest investors refusing to commit to whether it would back new power stations due to environmental concerns. Aviva Investors said nuclear’s ESG (environmental, social and corporate governance) impact was “far from clear at this time”. In response to queries from investors, Aviva Investors said: “As you are probably aware, the UK government is looking at expanding nuclear capacity as part of its efforts to achieve net-zero emissions by 2050. “We consider the potential ESG impact in all of our investment decisions. However, the ESG impact of nuclear is far from clear at this time and we are not actively involved in any such investments.” It comes amid ongoing talks on funding for power stations at Sizewell C in Suffolk and Wylfa Newydd on Anglesey.
New Civil Engineer 9th Feb 2021 read more »