The construction risk is the crux of the nuclear financing issue.
Blast from past re latest UK govt plan to finance nuclear via a "regulated asset base" model… …back in 2011 the, er, UK govt said RAB "not attractive": * construction risk on consumer * "sacrifice mkt benefits" * "radical change…high risk" https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/42636/1041-electricity-market-reform-condoc.pdf …pic.twitter.com/KlxANW4z5A
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yep and this is exactly why govt didn't do RAB in first place, and why it made a song and dance about fact that Hinkley deal took construction risk away from consumers "if it never gets built we won't pay a penny" etc etc
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@bobbyllew this news might possibly get lost amongst the current Brexit and MI-5 news which would be a shame.Thanks. Twitter will use this to make your timeline better. UndoUndo
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