A report commissioned by British Prime Minister Keir Starmer has revealed that the UK is the most expensive place in the world to build nuclear power plants, and called for a radical overhaul of the government's nuclear strategy to make projects safer and more efficient.
The report explained that the current system has led to a lack of safety oversight in the nuclear sector, resulting in conservative and costly decisions that are disproportionate to the actual risks being managed.
It described the sector as a near-monopoly, and that both civilian and defense programs are prone to significant cost overruns and delays.
This report, which highlights the sector's highly complex bureaucracy, comes as the government looks to build a new generation of nuclear power plants to meet the country's future energy needs and achieve net-zero emissions targets.
This comes at a time when nuclear power plants are crucial to the UK's future, and the country risks missing out on a global nuclear renaissance.
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