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A new generation of risk
The UK government recently committed to a new generation of nuclear power stations - the first in the UK for 13 years - funded by the private sector. Roderick Bruce examines the financial and regulatory risks facing potential stakeholders
The UK is confronting an uncertain energy future, as the closure of coal, oil and nuclear power plants is expected to create a 32 gigawatt (GW) shortfall in generation capacity by 2015, according to government estimates. With this gap expected to grow by a further 15-20 GW by 2025, and environmental considerations shaping the political agenda more than ever, the secure, low-carbon option of nuclear power has once again become a priority for the government.
All but one of the UK's ageing fleet of
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