New UK Nuclear Power Plants Could Boost Economy

Source:

"The construction of a new fleet of nuclear power plants in the U.K. could boost the economy by five billion pounds a year, said a report published by the Institute for Public Policy Research."

Dow Jones, Salina Williams

The construction of a new fleet of nuclear power plants in the U.K. could boost the economy by five billion pounds a year, said a report published Tuesday.

Investment in new nuclear plants could also create more than 32,000 additional jobs a year while giving a significant boost to annual exports, said the report from the Institute for Public Policy Research.

The government is supporting new nuclear power plants in efforts to secure electricity supplies as old power plants close over the next decade while also meeting climate change targets with low-carbon energy. . .View Full Article

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