By Professor Peter A. Strachan
Westminster’s energy strategy to “keep the lights on” by relying on new nuclear build is looking increasingly like a recipe for economic ruin and political disarray.
George Osborne, the chancellor, confirmed in this month’s Autumn Statement a Franco-Japanese consortium to build a new plant at Moorfield in Cumbria as part of his national infrastructure plan.
There is already such an agreement in place for another plant at Wylfa Newydd in Wales, and of course a full deal agreed with the Franco-Chinese project to build Hinkley Point C in Somerset – the first new station in the UK in a generation.
The European Commission raised concerns that Westminster had breached state aid rules in the subsidies being offered to finance the project. Energy secretary Ed Davey’s huge sigh of relief in October, when the EC controversially gave the green light for the project, may be premature: it will be challenged by the Austrian government in the EU courts.
Read Prof. Strachan’s full report on the Scottish Energy News PLATFORM PAGE at: http://goo.gl/llPEy9