In 10 years it'll be outdated, costing more than other energy alternatives and raising UK electric bills, writes Andreas Gandolfo
The UK will soon break ground on its first new nuclear power plant in more than 20 years now that PM Teresa May has signed off on Hinkley. While clearly a political decision, given the involvement of both French and Chinese companies, my colleagues and I at Bloomberg New Energy Finance are still scratching our heads at how such a project was (...)