Steven Chu warns UK its nuclear plans risk becoming financial drain

clock

Former US energy chief and Nobel physicist says UK plan to build various types of reactors is expensive and time-consuming

A leading energy expert has warned that although the British government is right to proceed with new nuclear plants they risk becoming a "financial drain" unless they can be built on time and on budget....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Nuclear

'Preferred site': Government announces plan for Wylfa 'mega-nuclear power station'

'Preferred site': Government announces plan for Wylfa 'mega-nuclear power station'

Government confirms it is pursuing plans for a third large scale nuclear plant to follow Hinkley Point and Sizewell projects

James Murray
clock 22 May 2024 • 5 min read
Rolls-Royce plans SMR module testing facility for Sheffield University

Rolls-Royce plans SMR module testing facility for Sheffield University

Plan forms part of £15m deal signed between Rolls-Royce SMR and Sheffield University

Cecilia Keating
clock 21 May 2024 • 3 min read
Government awards £196m to support development of advanced nuclear fuels plant

Government awards £196m to support development of advanced nuclear fuels plant

Urenco to co-fund uranium enrichment facility in Cheshire that aims to produce fuel for powering advanced reactors and challenge Russia's dominance of the market

Michael Holder
clock 08 May 2024 • 4 min read