The head of one of the UK’s largest energy consumers has warned that UK manufacturers would be unlikely to afford the cost of power from the new Hinkley C nuclear power station.
Jim Ratcliffe whose company Ineos owns the Grangemouth plant in Scotland, told the BBC that power from the new Hinkley C nuclear generator woud be too expensive. Despite Ineos singing a recent deal for nuclear power in France at a cost of £37.94 per Mwh, the British Government has promised a 35-year price of £93.50…
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