Tag Archives: electricity market

Fiona Hall MEP writes: Subsidies for nuclear energy go against Coalition agreement AND economic common sense

By Fiona Hall MEP | Wed 18th April 2012 - 4:51 pm

With the Government due to announce new measures to encourage investment in low carbon power generation as part of its Electricity Market Reform (EMR), it is time for Liberal Democrats to speak out against public subsidies for nuclear energy. Why? Because among the Government’s proposals is the so-called Feed-in Tariff with Contract for Difference (FiT CfD) which will offer a price guarantee and revenue certainty for investors in low-carbon electricity generation – including nuclear. Such a public subsidy to help build new nuclear power stations in the UK would go completely against the Coalition Government Agreement and prolong “the most expensive failure of post-war British policy-making” as

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