Article 4K4MZ New UK nuclear funding model could leave taxpayers liable

New UK nuclear funding model could leave taxpayers liable

by
Jillian Ambrose Energy correspondent
from Environment | The Guardian on (#4K4MZ)

Ministers are expected to announce plans to bolster nuclear industry this week

The government will set out plans to resuscitate the UK's struggling nuclear ambitions with a new scheme which would leave taxpayers liable for rising costs or delays.

The funding model, expected this week, could help bankroll the multibillion pound plans for a follow-on to EDF Energy's Hinkley Point C project in Somerset, which ministers aim to build at the Sizewell site in Suffolk.

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