They are pushing hard to saddle themselves with large increases in electrical cost, that will drag them down for decades. And they are rejoicing that China is going to be their economic hitman, owner of 33.5% of their nuclear power plant Hinckley C.
The projected cost is $18B Pounds. They signed total agreement of $40B Pounds ($62B USD).
So their new nuke plant will cost over $27B USD, that is 27,000 Million USD. The most expensive machine ever created by man.
Modern nuclear plants and the electric-utility grid make extensive use of computer networks. The ability of hackers to penetrate even well-protected data systems, analysts say, has increased the overall vulnerability of the nuclear industry, which has in the past largely relied on physical barriers for protection.“China would gain access to information that would give it more insight into the vulnerabilities in the U.K.’s critical infrastructure,” said Caroline Baylon, a specialist on cybersecurity at Chatham House, a research institute in London.“As much as possible, your critical infrastructure should be national,” Ms. Baylon said.A recent Chatham House report described the various ways that hackers might be able to worm their way into the operating system of a nuclear plant — and potentially cause widespread power outages.
FRom the articleBut British officials said that such concerns were highly exaggerated, that the Chinese would hold only a minority stake and that Britain would continue to tightly regulate the nuclear industry.
Having not built a new power station since 1995, Britain has little choice but to look to outside suppliers and financing.Really? That implies a cause and effect relationship, yet I see none. Desperation and stupidity are what I see.
They made a correction to the article
Correction: October 21, 2015Maybe you corrupt and stupid collapsing empires ought to focus on basic math and national security rather than name typos. Sheesh.
An earlier version of this article misspelled, in one instance, the name of British nuclear power plant. As noted elsewhere in the article, it is the Hinkley Point C plant, not Hinckley Point C.
Wikipedia, spelt wrong, OMG!