Major step towards UK’s first new nuclear reactors in 20 years

A recent UK/China deal all but guarantees that the construction of two reactors at Hinkley Point C, the UK’s first new nuclear reactors for 20 years, will go ahead. The plant will have a significant positive impact on the Welsh economy – providing an estimated 25,000 jobs over its 60-year lifespan. However, detractors claim that the high fixed price deal, guaranteeing £92/MWh for the operators, may potentially render the plant uneconomical.

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