PRESS RELEASE: NNWE WELCOMES UK GOVERNMENT’S DECISION ON HINKLEY
FOR IMMEDIATE RELEASE
15 SEPTEMBER 2016
NNWE WELCOMES UK GOVERNMENT’S DECISION ON HINKLEY
NNWE welcomes the UK Government’s decision on Hinkley Point C and the greater clarity now provided about the framework for foreign investment in Britain’s critical infrastructure.
Chairman of NNWE, Tim Yeo, commented: “We hope that this will pave the way for the construction of Hinkley Point C to proceed, though we recognise that some technical challenges remain to be overcome, and we trust that the clarity now provided will facilitate further investment in much needed, new nuclear plant.
“We urge Ministers to examine how such investment can secure the best value for consumers and taxpayers, and deliver the maximum benefit for the British economy”.
Nuclear power has a vital role as a provider of reliable low carbon electricity. Today’s news should ensure that this role can now be played.
For more information, please contact:
Melanie Wedgbury (NNWE)
T: +44 (0)7734 793279
Ed Gavaghan (NNWE)
T: +44 (0)7714 283858
Notes to Editors:
- NNWE was founded at the end of 2014 to help ensure nuclear power is recognised as an important and desirable way for European governments to provide affordable, secure, low carbon energy and help to meet the long-term energy needs of their citizens.
- NNWE wants to ensure that contracts for new nuclear power stations are awarded in a way which delivers the greatest benefit in the fairest manner, to local communities, as well as to consumers and national governments.
- Membership of NNWE is open to all companies, individuals and organisations active in the nuclear industry including those involved in the supply chain. More information is available at newnuclearwatch.eu
- Tim Yeo is Chair of New Nuclear Watch Europe and the University of Sheffield Industrial Advisory Board for the Energy 2050 initiative. He is a former Shadow Secretary of State for Trade and Industry and was Chair of the Environmental Audit Select Committee from 2005-2010 and then Chair of the Energy and Climate Change Select Committee from 2010-2015.