Friday 1 June 2012

Future of UK #nuclear power hangs in balance

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The future of nuclear power in the UK hangs in the balance after it emerged that crucial government funding deals could break EU law.

Industry insiders stress that state subsidies, which guarantee financial returns for companies that invest in the technology, are essential to ensure new power stations are built – but energy firm Centrica has reportedly warned proposals to guarantee energy prices could be hampered by EU state aid regulations.

Read more: http://www.thisismoney.co.uk/money/news/article-2151494/Future-UK-nuclear-pow...

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