Scottish economy got £1billion nuclear boost in 2016
The nuclear power industry contributed £1 billion to Scotland’s economy last year and supports more than 12,000 jobs, according to a new report.
The nuclear power industry contributed £1 billion to Scotland’s economy last year and supports more than 12,000 jobs, according to a new report.
Consumers have been dealt a “bad hand” by the Government over the near £20 billion Hinkley Point C nuclear power station, facing costs running to many times the original estimate, it has been warned.
The UK’s nuclear new build programme has the potential to almost double the number of jobs across the civil sector, according to a leading industry body.
Gas and electricity giant EDF has seen annual UK earnings slump by 29% after suffering intense competition from rival suppliers and lower wholesale energy prices.
The future of the construction industry is heavily dependent on three huge projects in the energy and transport industries, according to a report.
This year a final decision was made on the development of Hinkley Point.
The nuclear industry has welcomed Government plans to boost work in the sector and improve the chances of UK firms winning contracts.
The decision to go ahead with the Hinkley Point C nuclear power station comes after Theresa May ordered a review of the project shortly after taking office, amid concerns over costs and security implications.