Firms call for new nuclear plants

Increased investment in nuclear power will help provide cheap, safe and popular energy, according to a report out today from the Institute of Directors. The business group argues electricity from new nuclear plants would cost £70 per megawatt hour, compared with £95 from gas generation and £130 from coal. Wind is even more expensive – £145 per megawatt hour for onshore turbines. The survey found 84 per cent of firms back building more nuclear plants.