CBI welcomes new UK government guarantee for nuclear power station

nuclear symbolCommenting on the UK government’s Fourth National Infrastructure Plan, Katja Hall, CBI Chief Policy Director, has welcomed the new guarantee for nuclear power.

She said: “New detail around strike prices and contract terms put us on a path towards getting much-needed investment to secure and decarbonise our energy infrastructure, with clear benefits to the UK economy and job creation.

“The new UK Guarantee in principle for construction of the Wylfa nuclear power station will boost the North Wales economy and create thousands of jobs, while helping to secure our long-term energy supply.

“The absolute priority now is to get the Energy Bill onto the statute books and to finalise the secondary legislation – only then will we have a complete framework within which companies will have the confidence to invest.”

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