Britain's energy costs are among the highest globally, and nuclear power offers a potential solution for economic improvement, energy independence, and national security.
While France generates most of its energy from nuclear, Britain has the highest industrial electricity costs in the world. The upfront costs of small modular reactors are high, but so is the return on investment, says John Caudwell Last month was the hottest January on record globally. It was unexpected because the natural weather phenomena known as 'La Nia' should have produced a cooling effect.
And now in Britain we look over the Channel in envy at France, who for decades have generated most of their energy, many times the world average, from nuclear power. It's because of our short-term approach that Britain now has an energy problem. We have one of the highest domestic electricity costs in Europe, and we have the highest industrial electricity cost in the world.
Small Modular Reactors SMR Energy Independence Climate Change UK Energy Policy Clean Energy Renewable Energy Energy Investment Net-Zero Emissions
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