Britain is ready to go nuclear

ByRod Adams

In an article titled Britain is ready to go nuclear published in the The Times on 21 November 2005, Philip Webster is reporting that Britain will start the process of planning and building new nuclear power stations.

The most often cited primary motivator for this decision is the fact that many scientific advisors have determined that maintaining nuclear power as a key part of the generation infrastructure is the only way to have a chance at meeting emissions control targets.

The other issue is the fact that Britain’s natural gas supply from the North Sea has passed its peak and is now diminishing. The extremely low electricity prices that prevailed three or four years ago as generating companies competed for business with cheap natural gas fired turbines have disappeared as the demand for gas began exceeding the supply, thus driving up the price.

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

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