This week has seen the Government’s latest attempt to foist a nuclear future on Britain. But despite its increased promised financial support, the nuclear issue is clearly not a done deal, writes Vice President Dr Ian Fairlie.
The media’s response to the Government’s nuclear push has been decidedly unenthusiastic as can be seen from the selection below of UK newspaper comments. Most are cool or unenthusiastic: some are downright critical.
“Sizewell C nuclear cost doubled to £40bn – UK govt to shoulder half upfront cost, will ultimately be paid for by households and businesses via electricity bills.” https://www.telegraph.co.uk/business/2025/06/11/cost-of-milibands-nuclear-plant-doubles-to-more-than-40bn/
“£14bn investment in a new mega nuclear power station, Sizewell C, is not being classified as a financial asset. So all £14bn of the finance will be added to the value of national debt, rather than the zero net figure. This is what would have happened under the old fiscal definitions, so what on earth was the point of Reeves’s controversial fiscal-rule change? In serious practical terms, it means there is £14bn less to invest in other projects – which is the opposite of what the fiscal rule change was supposed to achieve. In other words Reeves’s changes to the fiscal rules now seem totally pointless – because if investing in a cutting-edge power plant does not create a valuable and sellable financial asset, then goodness alone knows what would.”
https://www.itv.com/news/2025-06-10/peston-why-arent-treasury-and-reeves-investing-more
“The government has commissioned just three SMR reactors, none expected before 2035. Rolls Royce said in 2015 that to make building a modular factory worthwhile, you would need an order book of 50 to 70.”
https://www.thetimes.com/comment/columnists/article/spending-review-miliband-nuclear-reeves-grpp5l8d5
“GB Energy handed £2.5bn bill for funding small modular reactors. Financing nuclear projects will leave state-owned company less cash for backing wind and solar technology.”
https://www.ft.com/content/a8e3a775-33c9-4ad6-b01a-bfb212dfdcbe
“Imagine this – one morning you’ll be strolling down to the park to give the dog some exercise, and ka-boom! The roof’s blown off the local baby nuke, and glowing hot radioactive ash is showering the surrounding streets. A small armageddon, but an armageddon all the same. Widespread use of nuclear power is the kind of thing that, among other things, such as leaving a toxic legacy for thousands of years and an upsurge in deformities and cancers, could end political careers.”
https://www.independent.co.uk/voices/ed-miliband-sizewell-c-nuclear-power-energy-b2767052.html
“The Scottish Government has a long-standing objection to nuclear power mainly on environmental grounds. Those objections are not daft – to this day, governments around the world are vexed by the question of how to dispose safely of highly dangerous radioactive waste. Accidents at nuclear power plants can be catastrophic. More immediately, building new nuclear capacity is also infamously expensive and costs are prone to rise, often astronomically.”https://www.heraldscotland.com/politics/viewpoint/25232597.scotland-blindly-follow-england-nuclear-power-path/
Will the Government really push ahead with its new nuclear proposals given this chorus of doubts? It’s a moot point. It would surprise no-one if we were to see quiet retrenchments or delays….much like we are seeing with another Government mega-project – HS2.
More to the point, we need to address the whopping elephant in the room here which is …why is the Government pressing ahead with these unpopular ill-advised proposals? In fact, the previous Sunak government admitted the real reasons for supporting nuclear….the military ones. That is, the MOD’s perceived needs to maintain nuclear technology and know-how for its nuclear weapons programme – both for the warheads and the submarine reactors.
We think this Government should own up to these reasons and stop pretending that its civil nuclear proposals are about satisfying our energy needs. They, most decidedly, are not. If the Government were to retire its ageing nuclear weapons, it would also free up its way to intelligent energy policies as well. A two-fold bonus for Britain.