A mechanism to give private investors control of public nuclear projects is still considered a “credible basis” for funding the sector, the government said today as it launched its energy white paper.
A signal by the government that it may invest in a multi-billion pound Welsh nuclear reactor has angered critics of its energy strategy and supporters of green power.
The Nuclear Decommissioning Authority suffered “untold reputational damage” over its contract with the firm Magnox, according to a scathing report from the Public Accounts Committee.