19
Deferring nuclear strategic decisions risks wasted investment and increased costs.
Conclusion
It is not uncommon, in the face of an unclear strategy or unresolved internal arguments about financing, for governments to defer decisions rather than take them. But this would be the wrong course. The UK risks losing the advantage of 102 Delivering nuclear power the public investment that has already been made; as well as contributing to the ambiguity in our future energy supply; and perpetuating a level of policy risk that is likely to drive a risk premium on costs, to the detriment of the taxpayer and billpayer.
Paragraph Reference
106
Government Response
A response document is linked to this report, dated 25 October 2023. Response attribution to this conclusion has not been verified. Read the response document.
Source
Inquiry
Delivering nuclear power
Report
Eighth Report - Delivering nuclear power
31 Jul 2023
HC 626
Addressee Bodies
Department for Science, Innovation and Technology
Timeline
Recommendation age
3.1 yrs
Report published
31 Jul 2023