Momentum at last for UK nuclear industry?
The nuclear renaissance is on our doorstep and we have a one-off chance to maximise the opportunity, writes Jean Llewellyn.
October has been an exciting month for the UK nuclear industry with a deal agreed during the state visit by Chinese President Xi Jinping for the Chinese to invest £6 billion ($9 billion) for a 33% share in the Hinkley Point C new build project and plans for them to take shares in two further plants. EDF Energy is now expected to make a final investment decision on HPC by the end of the year.
These announcements have generated huge excitement and the press coverage has been significant with everyone feeling that the nuclear renaissance is finally gaining momentum. Clearly some of the coverage has been mixed with those of us in the industry seeing it as a great step forwards whilst those that oppose nuclear seeing it in a less positive light. However, no one can argue with the fact that a growing nuclear program has the potential to create jobs, provide opportunities for exciting career development and create opportunities for the UK supply chain.