RWE Npower and its partner E.On have said they will not develop new nuclear power projects in the UK. The two were planning to invest in new plants in Anglesey and Oldbury, near Bristol, under a joint venture called Horizon Nuclear Power. But the firms say that raising finance for power projects has become difficult due to the global financial crisis. RWE has also been hit by costs associated with decommissioning nuclear power plants in Germany.
Nuclear power is still being used today even after the near catastrophe in Japan. I say near catastrophe because it could have been much worse.
There is no good sense in projecting a future for Nuclear power. Instead large efforts should go into making the world-changing leap to energy sources that will last and that are safe and clean. That day is not far. Perhaps not in my lifetime but humans can strive for a day where abundant energy will lead to an end to poverty and excuses that maintain poverty.