Nuclear Energy (1)

Meeting: 
MQT on 2013-12-18
Session date: 
December 18, 2013
Reference: 
2013/4975
Question By: 
Murad Qureshi
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

Has the Mayor read the recent briefing published by London-based investment bank Liberum Capital on the Government's recent deal to support Hinkley C nuclear power plant, which states "we are flabbergasted that the UK government has committed future generations of consumers to the costs that will flow from this deal". Given this latest study, does the Mayor continue to believe that nuclear power represent a good deal for Londoners (Turbines won't do job…let's go nuclear, The Sun, 15.09.13)?

Answer

Answer for Nuclear Energy (1)

Answer for Nuclear Energy (1)

Answered By: 
The Mayor

If this country intends to decarbonise its electricity grid and become less exposed to fluctuations in commodity prices in the medium-long term then nuclear has to play a major role. We are over a decade behind delivering new nuclear power because of the short-term and irresponsible decisions made by the former Labour government.