Investment in nuclear in the UK could be a serious consideration

Investment in nuclear in the UK could be a serious consideration

London (Platts)--25Apr2006

Investment in nuclear, without subsidies, would be seriously considered in
the UK if the government established a long-term framework to support low-
carbon energy sources, the Confederation of British Industry said April 24.

CBI pointed to a "unique window of opportunity" for the UK to move to a more
low-carbon generation mix, given the country's need to add 50 gigawatts of
new capacity by 2020, equivalent to approximately two-thirds of existing
capacity. Such a framework would also ensure other low-carbon energy sources
could compete, it said. CBI quoted figures from the consulting firm Deloitte
that suggest that total investment costs for 50 GW of additional capacity
could be between GBP 22 billion (US$39 billion) for a fuel mix weighted
toward combined cycle gas turbines, and GBP 51 billion ($91 billion) for
a fuel mix including significant proportions of renewables, plus some nuclear
and clean coal.

Please visit: www.platts.com

Their coverage of energy matters is extensive!!.