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Nuclear contribution recognised in PBR | Print |  E-mail
Monday, 24 November 2008

The Chancellor today noted the importance of Nuclear in his Pre-Budget Report statement:

"I have one further announcement. Renewable energy along with nuclear power will play an increasing role in meeting our energy future.

I can announce today that the Government will extend the Renewables Obligation for an additional ten years to 2037."

"By requiring energy companies to generate a share of energy from renewable sources, the Obligation will underpin investor confidence and support the development of renewable energy."

"We are taking the right long-term decisions to protect the environment, create low-carbon jobs and provide energy security."

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