For Nuclear's Cost, U.K. Could Have Six Times the Wind Capacity
- Wind plants are cheapest generation in U.K., researcher says
- Atomic power will deliver more constant supply of electricity
U.K. Deals Seal 'New Era' in Ties with China
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Britain could have six times the power-generation capacity for the same money by investing in wind turbines instead of the 24.5 billion-pound ($37.9 billion) Hinkley Point nuclear reactor.
That’s the conclusion of Bloomberg New Energy Finance, a London-based researcher that estimates the cost of power from renewables in the U.K. are rivaling fossil fuels even without subsidy. Wind easily beats the more expensive nuclear plant that Electricite de France SA is building with the support of investment from China.