nuclear power plant

The UK government is probably investing in nuclear power again

It's a big U-turn – but they're saying it's economically efficient, and will pay off

In a bit of a mahoosive U-turn, it looks like the UK government's going to invest in another nuclear power station – but they promise this time it'll be cheaper.

What it means: Last time the government invested in nuclear power at Hinkley Point C, it didn't go so well. Long story short is that the contractor, EDF, bore all the risks in exchange for UK customers paying the price – and it's reeeal pricey.

This time it's different, they said. The UK will be taking a £5bn stake in a new nuclear power station, together with a Japanese business and some government agencies. It'll be up and running by the mid 2020s, generating low carbon power for 5 million homes and creating thousands of jobs.

Sounds nice enough, and both unions and the energy industry have welcomed it – more jobs, lower carbon power generation, and government funds borrowed at low interest to finance it all.

But people have questions. It'll cost £75 per megawatt hour, which is cheaper than the last nuclear power station but still more expensive than, for example, offshore wind. Also, the government's been making cuts across public services in other areas, so some are going to be wondering where the £16bn came from to make this investment.

Read the full story: The Guardian

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Reader Comments

  • RW

    Your right to a degree. You mentioned “the wandering Jew”.

    I elaborate that the Jewish people, historically have tended to migrate almost exclusively to locations that are economically and culturally vibrant already. I would speculate that Jews have thrived in these places and have often improved the bounds of their economies and knowledge base.

    You can also ask; how many massive entertainment conglomerates, Nobel winners or billionaires has Isreal developed? If Jews are so capable, why isn’t Tel Aviv the Rome of our time?

    Jews are successful because they value education, maintain a strong social cohesive, they actively monitor and have a good sense for Zeitgeist wherever they are and they carefully choose the places they settle and congregate themselves heavily in these choice locations.

    But most importantly (haulocaust increased the importance of this aspect), they actually designed their culture for success. They not only attend Harvard, they use what they learned to better the group as a whole. With as much, they studied intricate networking systems, adapted to it and in many cases improved upon them. (See how Japan acquired Aegis warships and made them better).

    Of course there is nothing wrong with any of this. It’s when you elaborately gain disproportionate power in any society where you would stand out, you must take care when attempting to make a society better (Civil Rights movement) and rewriting that society all together (mass immigration). Ask blacks in China, Mexico, Philippines or India how much opportunity they have? Go to businesses owned by their American diaspora and see how many blacks they hire. Go to Silicon Valley and see how many East or South Asian tech workers wish they could work with more black people. California might work as a state, but as a nation, I think your rolling the nuclear dice here. I hope we can succeed as a tolerant pluralistic superpower but at this stage in human societal development, it’s a pipe dream.

    And if Jews really are the icon for success, they would see that fundamental human successes happen over generations. Just look at the rest of the planet? Are we ready?