Irwin Stelzer

Go nuclear, but keep your hand on your wallet

The government claims that the private sector will meet the costs of new nuclear plants, says Irwin Stelzer. But there is every risk that the public will end up footing the bill

issue 15 March 2008

John Hutton, the energetic Secretary of State for Business and a few other things, has reason to be pleased with the expressions of ‘significant interest’ in constructing new nuclear power plants that he has received from British Energy, EDF Energy, E.ON UK and Iberdrola — the British, French, German and Spanish utilities — respectively.

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