Friday, 6 July 2012

Failing nuclear.

Here in the UK our government still appears to favour nuclear to fill the looming gap in energy production, however I would hope that they are reading this report:,30

Here you have it from the horses mouth!

Just reading through the key results summary highlights the litany of problems facing the ailing industry. It is difficult to see how, with spiralling costs and reticence over investment (as well as increased safety requirements from stress testing), anything will happen in time for our looming energy crisis, if at all. That will push us even further into a corner on gas and inevitably costs will increase for that.

The IEA has forecast a rapid increase in renewable energy production over the next 5 years, lets hope a significant chunk of that is here in the UK!

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