The UK is searching for a path to cheaper energy and a move to being more “green”. There is the possibility for the building of more nuclear energy plants to lessen dependence on traditional fuels. Energy Secretary Chris Huhne said if investors come forward for nuclear energy then they will be welcomed.
“My position and my party’s position was always one of scepticism about the economics of nuclear power, but what we did in the coalition agreement is recognise the difference between the Conservatives and the Liberal Democrats,” Huhne said.
“We responded with an agreement which will say very clearly there will be no public subsidy for nuclear because it is an old technology…but at the same time, if investors come forward with proposals it is absolutely clear they will go through. We believe that will happen. We believe there are investors who will be investing in new nuclear.”
Huhne stressed that there will be no government subsidies for new power stations. He also said it was not his job to choose what will replace oil, gas, and coal.
He remarked “The market will decide which low-carbon technologies will be used.”