The UK is racing to reduce its reliance on Russian oil and gas. Part of its strategy is to ramp up nuclear power production. The government’s ambitious plans may be costly for consumers. The Government’s ambitious nuclear power push may initially increase energy bills, the Business Secretary has warned. Kwasi Kwarteng said the plan to build new power plants as part of a new energy strategy may have a “small effect” on bills. But he told the BBC “nuclear is back on the table” because the Government considers it a sustainable energy source, adding that it would provide cheaper power eventually. The energy strategy was published in April as Western countries wrestled with high energy prices, reliance on Russian oil and gas, and wider calls to end the fossil-fuel era to tackle climate change. A fleet of new nuclear power plants is at the heart of the strategy, with […]