Nuclear energy is a risky investment, but that’s no reason for the UK government to avoid it

By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University

The UK government’s investment of around £14 billion in a new nuclear power plant marks a big economic shift for the country’s approach to energy.

The Sizewell C plant in Suffolk will be the second of a new generation of reactors to be built in the country, after Hinkley Point C in Somerset, which is expected to open in 2031.

French energy firm EDF is building Hinkley and will probably end up building…

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