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EU approves Hinkley Point nuclear power station as costs raise by 8bn

2014-10-08 20:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The European commission on Wednesday gave Britain the green light for a huge government subsidy that will open the way for the first atomic power stations to be built for nearly 20 years. The ruling was welcomed by ministers and the nuclear industry but Austria threatened legal action against it, while consumer champions said it could add more than 5bn a year to energy bills. A majority of commissioners agreed Britain was not breaking state aid rules, overcoming the last regulatory hurdle...

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Category:Electronics and Electrical

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