Ten years ago, when the British government first considered launching a new nuclear programme, Areva, the French nuclear technology company, said it could build reactors that would produce electricity profitably at £24 per megawatt-hour.
It seemed an attractive proposition. Not only was this less than previous reactors, it was competitive with other power sources. New technology seemed to have opened the door to affordable carbonless electricity ; Britain could meet its ever-tougher (…)
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