Cheap electricity from nuclear 'may come too late'

The simple way to switch

Compare deals and switch energy supplier to cut your bills by £477*

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

*Between 1 Jan 2019 and 30 June 2019, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £477 or more.

Cheap electricity from Britain's next generation of nuclear power plants may be too little too late, it has been claimed.

According to energy industry experts, the first new nuclear plant would not be operational until 2017 at the earliest – meaning that the new power stations will not be able to replace the generation capacity lost as legacy nuclear and coal facilities close down.

Craig Lowrey, head of energy markets at EIC, told the Times: "The UK is potentially in quite serious trouble."

"We are set to lose a quarter of our current generating capacity before [the first nuclear plant is comes online] and it is not clear how that gap is going to be filled," he added.

The announcement comes shortly after the government unveiled 11 possible locations for the country's new nuclear fleet – many of which are on existing nuclear sites.

Energy and climate change secretary Ed Miliband said that nuclear energy is part of Britain's low-carbon future.

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

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more