New Nuclear Plants for Britain!
Wednesday, May 28, 2008 at 11:27PM
Uranium Stocks in Uranium
Gordon Brown 29 May 2008

The British Prime Minister, Gordon Brown, has said that is it time to become more ambitious with the plans for nuclear power for Britain. Three cheers for the British PM!

As we see it the United Kingdom government have adopted a softly, softly approach to nuclear power by first of all introducing the idea of replacing the old plants and are now going a tiny step further by recognising the need for more nuclear power plants. Having got this far they really need to get their skates on if they are not to fall through the energy gap and enter a period of rotational black outs! As well as replacing 23 existing plants a further 14 new sites have been identified as possible sites for new nuclear plants.

According to John Hutton, Business Secretary no "artificial cap" will be put on the proportion of electricity to be generated by this or any other source of "low-carbon energy". Well this should open the gates a little. The Prime Minister goes on to say that: "We want to do more to diversify our supply of energy and that's why I think we are pretty clear that we will have to do more than simply replace existing nuclear capability in Britain.”

The Liberal Democrats along with Green Peace have criticised the government and the Conservatives have backed the building of new nuclear power plants as long as no public subsidy was involved. On the other hand the French firm EDF has said it plans to construct 4 nuclear power plants without subsidies in the UK - the first by 2017, we wish them every success!

As we understand the situation most of Britain’s nuclear plants will be decommissioned by 2015 so we are wondering just happens between 2015 and 2017? Don’t tell me, an accelerated construction programme! Now just where have you heard that one before?

Still it’s a start; at least the politicians have taken the blinkers off so the United Kingdom can now approach the starting gate of the race to keep the lights on!

Have a good one.

If you are new to this web site and wish to receive our free newsletter regarding investment in uranium stocks and updates regarding uranium, then please click here to subscribe.

Article originally appeared on Uranium Stocks (
See website for complete article licensing information.