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EU approves atomic power stations subsidy

09 Oct 2014
The EU has given the green light to Britain for a huge government subsidy that will open the way for the first atomic power stations to be built for nearly 20 years.

The majority agreed that Britain was not breaking state aid rules, overcoming the last regulatory hurdle for EDF Energy and its plan to construct Hinkley Point C in Somerset.

As many old atomic and coal-fired stations near the end of their lives, British ministers see nuclear reactors as an important means by which to provide low carbon energy across the UK.

Energy secretary, Ed Davey has spoken out about the important decision, citing it as a step on the road to Britain’s first new nuclear power station and a good deal for consumers, boosting Britain’s chance for secure and affordable low carbon electricity over the next decade.