Energy UK response to EU
In response to the EU approval of a new power plant at Hinkley Point, Energy UK said:
"A decision on Hinkley signals that at long last the much needed investment in new nuclear power stations can now start. This is an essential part of making sure the UK's electricity supply for the future is secure.
"More power stations are needed to replace Britain's ageing nuclear plants which currently supply a fifth of all the UK's electricity.
"There is a significant cost attached to the big energy rebuilding programme currently underway. New build in wind, solar, biomass, nuclear - or any other low carbon technology - will give us enough electricity to meet the country's requirements while cutting carbon emissions. New power stations and new types of electricity generation all come at a significant cost to today's and tomorrow's consumers. Investing for energy that is always there at the flick of a switch must be balanced with affordability for all users and long contracts - such as Hinkley - make the end result fair for consumers and clear for investors."