Budget 2010: Consumers face levy on energy bills to pay for nuclear plants

- March 25th, 2010

Guardian.co.uk reports a new levy on consumer bills to pay for nuclear plants was revealed last year.
Nuclear companies like EDF Energy have warned they will not make the billions of pounds of investment necessary in the UK without government financial guarantees.
Speaking to the Guardian, the energy secretary, Ed Miliband, admitted that the energy market needed “radical […]

Guardian.co.uk reports a new levy on consumer bills to pay for nuclear plants was revealed last year.

Nuclear companies like EDF Energy have warned they will not make the billions of pounds of investment necessary in the UK without government financial guarantees.

Speaking to the Guardian, the energy secretary, Ed Miliband, admitted that the energy market needed “radical reform”, but denied the plans amounted to subsidies for the nuclear industry. He insisted that all forms of low-carbon generation – nuclear plants, wind farms and clean coal plants – would benefit from the proposed changes

For complete news, click here.

Tags

Tags: ,

Leave a Reply