UK nuclear ambitions dealt fatal blow by Austrian legal challenge, say Greens

UK nuclear ambitions dealt fatal blow by Austrian legal challenge, say Greens

Plans for a new generation of nuclear reactors in the UK have been dealt a fatal blow by Austria’s decision to launch a legal challenge to the EU’s approval of a £17.6bn subsidy deal, according to the Green Party.

On Wednesday, the Guardian revealed that Austria will appeal the EU’s decision last year to approve the subsidy deal between the UK government and EDF for Hinkley Point C.

Hinkley would be the first new nuclear reactor in Britain for two decades if built, although it would come with a price tag of £24.5bn and electricity generated from the plant would be paid double the market rate through levies raised on household energy bills.

But no final investment decision has yet been signed and legal delays now seem likely to prevent the government from realising its ambition for Hinkley to produce 7% of the nation’s electricity by 2023.

Source: The Guardian

Date: January 2015

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