Inertia is no way to deal with our energy crisis

On 10 January, the Government unveiled its new energy policy, the centrepiece of which was support for new nuclear power stations.

On 10 January, the Government unveiled its new energy policy, the centrepiece of which was support for new nuclear power stations.

The Government says it won't subsidise nuclear plants, but many doubt the numbers stack up for private firms, says Ruth Sunderland in The Observer. Nuclear power stations have huge up-front costs coupled with uncertain revenues, as they are vulnerable to fluctuations in power prices.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.