Scrapping Hinkley for renewable alternatives would save 'tens of billions'

Solar and wind would generate the equivalent power to Hinkley over the plant's planned lifetime for 40bn less, says analysis comparing future costs

Scrapping plans for new nuclear reactors at Hinkley Point in Somerset and building huge amounts of renewable power instead would save the UK tens of billions of pounds, according to an analysis that compares likely future costs.

The Intergenerational Foundation thinktank calculated that Britain would pay up to 40bn less for renewable alternatives that would generate the equivalent power to Hinkley over the plant's planned lifetime.