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Hinkley Point: the ‘dreadful deal’ behind the world’s most expensive power plant

www.theguardian.com Hinkley Point: the ‘dreadful deal’ behind the world’s most expensive power plant

The long read: Building Britain’s first new nuclear reactor since 1995 will cost twice as much as the 2012 Olympics – and by the time it is finished, nuclear power could be a thing of the past. How could the government strike such a bad deal?

Hinkley Point: the ‘dreadful deal’ behind the world’s most expensive power plant

note: currently the electricity price in the UK has risen massively, which makes this project a little less absurd in cost, but I guess the high prices should be somewhat temporary, until the gas situation is figured out.

Still, renewables are still built at half this strike price.

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