The UK’s nuclear energy will shortly cease to come under government control.
Centrica (the energy company which owns British Gas) is buying 25% of British Energy, the nuclear generating plant, from EDF. The UK Government owns 35% of British Energy, which is worth according to the price that Centrica paid for its shares, around £4.3 billion. [...]
Filed under: Conservatives, John Hutton, carbon emissions, climate change, electricity, energy, fuel, global warming, nuclear, nuclear energy | Tagged: Bristish Gas, Centrica, chernobyl, EDF, Government control of nuclear energy, nuclear waste | 9 Comments »