UK giants submit power plant plan

Two of the UK's largest energy firms have joined forces to put proposals for a new generation of nuclear power plants to British Energy.

Scottish & Southern Energy and Centrica have forwarded a joint proposal to the UK's largest electricity generator by volume, British Energy, which they hope will see them partner the electricity giant should the government give the go-ahead for more nuclear power stations.

Scottish & Southern and Centrica do not currently produce nuclear power - but both would be able to give British Energy vital access to retail consumers - and both already purchase a proportion of the nuclear power producer's output.

Other companies to have expressed an interest in forming a partnership include German power giants E.On and RWE, French firm EdF and Swedish nuclear company Vattanfall, the Sunday Telegraph says - but the government would welcome a UK-led consortium, the same report states.

British Energy said last week that it is looking for partners to help fund what is likely to be an £30 billion investment programme over the coming years, according to the Sunday Telegraph.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.



Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.