Quote Originally Posted by Witton Park View Post
Well for one this is part of my manifesto - a package, but let's break this down.

£1.8 Billion for an SMR works out at around £40-£60/MWh over the 60 year life. The whole life cost is very good.

Offshore wind is currently £73 (with pressure to increase as there's been no uptake) and floating Offshore Wind at £176.
The real cost to build will be £6 billion per SMR and then, if we're talking about the whole life cost, there is the de-commissioning cost which with nuclear power has historically been higher than the build cost. If we take a low estimate of £12 billion per SMR then we're looking at £267-£400/Mwh. On top of this we have the security risk, hazard risk, and problem of locating the SMRs and the opposition this would cause. It makes wind power look cheap.

Quote Originally Posted by Witton Park View Post
So it's quite feasible for a State owned private enterprise run in a similar way to EDF to go and borrow commercially, or borrow from Government, and sell in to the grid at (say) £65 and be financially sound.
Ah, borrowing. So a 'State owned private enterprise' borrows £48 billion at 5 percent interest (minimum) - that's £2.4 billion a year that the State has to find to pay the interest alone. So, at a time when the country doesn't have the money to finish an existing infostructure project, which taxes will the Witton Park Party raise to fund this?

I can't wait to hear your party's immigration policy