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UK to build 12 nuclear plants in £10bn plan
The Observer
|September 21, 2025
The announcement last week that a dozen new nuclear power stations are to be built in Hartlepool is unlike anything else that has been attempted in the UK.
At a projected cost of £10bn a rough estimate that could well balloon two companies, Centrica, the parent of British Gas, and X-energy, a US startup, are proposing to develop and build a novel type of nuclear power plant.
The technical challenges are huge; the financial challenges perhaps even more so. Centrica is a large company with a big balance sheet, but it has limited nuclear experience. X-energy is a startup with some nuclear expertise, but which has raised only about $1bn in private capital and $1.2bn from the US energy department since the company was founded in 2009.
Far more money than that will be needed to complete the design, while the build of the fuel plant and demonstrator reactors will also cost an order of magnitude more.
यह कहानी The Observer के September 21, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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