Deal set for new UK nuke plant

According to Nuclear Power Daily, the French nuclear energy company EDF is set for a $25 billion dollar deal to build a new nuclear power station in the UK.

That's a good chunk of money.  But it is essentially a long-term investment, and an important one, as the world moves toward a low-carbon, then a no-carbon, energy generating future.


EDF deal for new UK nuclear plant to be signed in October: press

"Britain's Department of Energy and Climate Change (DECC) has reached an agreement with EDF to develop the Hinkley nuclear power plant in southwest England, and politicians are set to approve the deal when parliament reconvenes in September, according to The Guardian."

China is going to have about a 40% stake in the plant, and it's set to generate about 7% of Britain's total electricity requirements (which is impressive).