BMN 0.61% $3.28 bannerman energy ltd

What's wrong with BMN, page-53

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    UK planning for rapid nuclear expansion

    The Energy Security Strategy's ambitions are for eight new reactors, plus small modular reactors, helping to produce 24 GWe capacity by 2050, representing about 25% of the UK's projected electricity demand.
    Nuclear's share of energy in the UK is currently about 16%, however almost half of the country's current capacity is due to be retired by 2025 and all but one of its reactors will retire by 2030.
    A new government body, Great British Nuclear, is being set up to bring forward new nuclear projects at a rate of about one a year this decade, including the Wylfa site in Anglesey, the strategy says. UK Prime Minister Boris Johnson said: "We’re setting out bold plans to scale up and accelerate affordable, clear and secure energy made in Britain, for Britain - from new nuclear to offshore wind - in the decade ahead. "This will reduce our dependence on power sources exposed to volatile international prices we cannot control, so we can enjoy greater energy self-sufficiency with cheaper bills."
 
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