After the announcement that Hitachi is buying the Horizon nuclear project, Corin Taylor, Senior Economic Adviser at the Institute of Directors, said:
Nuclear is one of the best ways to generate reliable low carbon electricity at scale, and the sale of Horizon gives the new nuclear programme a real boost.
Hitachi reactors are being built on time and on budget in Japan and there is no reason why we can’t expect the same in this country. The reactor approval process now needs to be undertaken swiftly and a realistic strike price set.
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