UK Households To Foot The Bill For New Nuclear Plants ...Middle East

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UK Households To Foot The Bill For New Nuclear Plants
source : OILPRICE ( Middle East ) () 31
Households will reportedly soon see their energy bills hiked in order to pay for the construction of new nuclear power plants in the UK. Ministers are in the process of drawing up legislation that will allow the construction of the new £20bn Sizewell C plant in Suffolk through the use of a Regulated Asset Base (RAB) financing scheme, FT reported. At its core, the RAB model, which is already used in the UK for large infrastructure projects like Thames Tideway, would allow builders to bill the eventual users of the plant’s energy during…

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