BREAKING NEWS

UK lawmakers seek plan B in case of new nuclear plant delay

By REUTERS

MARCH 4, 2013 03:36

LONDON - Britain needs an alternative plan for low-carbon energy supply in the event that new nuclear plants are not built on time, a group of parliamentarians said in a report on Monday.

Developers have come forward with plans to build 16 gigawatts (GW) of new nuclear capacity by 2025 to replace old plants, but cost overruns and delays following the Fukushima crisis in Japan have already resulted in a number of companies pulling out of the program.

"The Government seems to be crossing its fingers that private companies will deliver a fleet of new nuclear power stations on time and on budget," said Tim Yeo, chair of the British parliament's committee on energy and climate change.

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By REUTERS

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