Remember that line about how Nukiller power generation would leave everyone with electricity bills which would be too cheap to meter ?
Well it’s not worked out that way.
– URENCO is now £2.1.billion in the red.
– The EDF share price continues to fall.
It had a net debt of €37.4bn at the end of last year.
We might celebrate about how all these losses are going to impact upon new build, but we still do need to close down all the existing plants.
After that there is a major clean up with needs to done, and guess who is going to pay for it all?
We poor current & future tax payers.
So much for too cheap.