Committing to build a fleet of new nuclear power stations risks locking in higher costs and preventing the UK from taking advantage of cheap renewables, the National Infrastructure Commission (NIC) has argued in a new report. Over the last decade, renewable costs have “consistently fallen faster than forecast”. Meanwhile, there has been “no discernible trend” in nuclear costs, which have remained flat even in countries such as France that have built fleets of similarly designed reactors.
New nuclear fleet risks locking in higher costs
