Nuclear power agenda unveiled

The Prime Minister, Gordon Brown and the business secretary, John Hutton, are to engage in wooing international investors at a London meeting on the twelfth of June in a bid to attract investment in the development of new nuclear power plants in the United Kingdom.

Close to eighty senior officials from financial institutions and leading global power and nuclear-technology groups will participate at the summit in Westminster. Before the summit begins the Prime Minister is expected to be hosting a dinner where the business secretary will be the main speaker.

The summit is evident of the determination by the Brown administration to continue with plans to build a new generation of nuclear power plants in the United Kingdom. The administration is placing a huge importance on the new generation nuclear power stations since it will not only help in cutting down on carbon emissions but will also forestall imminent electricity shortages in the future. Only last week the prime minister raised the stakes for the new generation of nuclear power plants by calling for a more ambitious programme.

It is rumoured that the Brown administration is hopeful that work on some of the planned new nuclear power plants will have begun towards the latter part of the year. A variety of operators would be encouraged in a bid to discourage a monopoly.

As part of the plans British Energy which is the dominant player in the nuclear energy sector in the United Kingdom currently is being sold off and the government has a thirty five per cent shareholding in it.

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