http://www.bbc.co.uk/news/world-17546420
RWE, NPOWER and E.ON put halt on new power plant plans.
Not good news to our energy solutions. We all better start getting candles as panick nature to news.
Serioulsy this could setback our energy needs. I wonder the economic climate makes investment into major expensive projects not viable.
Quote:
There has been a setback to the government's plan to attract investment in new nuclear power stations.
That is after RWE Npower and E.On announced they will not develop new nuclear power projects in the UK.
The two were planning to invest in new plants in Anglesey and Oldbury, near Bristol, under a joint venture called Horizon Nuclear Power.
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Quote:
Malcolm Grimston, an associate fellow at the Chatham House think tank, said: "It's a big deal that they are pulling out. If you look at the utilities in Europe then they are two of the biggest. There aren't that many huge players out there who could take over.
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