Q: Why do we so desperately need new power stations?
A: Because Labour calculated that the blackouts wouldn’t happen on their watch, and new power stations aren’t popular and nuclear ones especially so. Therefore Labour, despite advice, only gave the go-ahead for renewables.
Q: Why do we need the French and Chinese to build our power stations?
A: Because Labour shut down a successful domestic nuclear industry in 2002.
Q: So isn’t there a huge subsidy?
A: Yes, probably, but much less than offshore wind (though wind’s guaranteed price is for a shorter time). A subsidy through a guaranteed price is likely to be cheaper than the Government bearing the risk of building costs, and may even be free (ish) if energy prices rise in line with inflation as expected.
Prediction, Labour will have a field day pointing out the “expensive” energy procured by the Government, then will not change anything, or indeed take any decisions at all about power stations, should they ever get into power again. Because Labour prefer being noisy sound-bite ranters than seriously dealing with the energy shortage to which the UK is extremely close.
Labour: Utterly irresponsible student union politicians. This is why they break the country every time they get power.