The UK is confronting an uncertain energy future, as the closure of coal, oil and nuclear power plants is expected to create a 32 gigawatt (GW) shortfall in generation capacity by 2015, according to government estimates. With this gap expected to grow by a further 15-20 GW by 2025, and environmental considerations shaping the political agenda more than ever, the secure, low-carbon option of nuclear power has once again become a priority for the government.
All but one of the UK's ageing fleet of
- Asia moves: Natixis sales head moves to Barclays, new banking head for StanChart Singapore, and more
- Functional programming reaches for stardom in finance
- Banks hope final FRTB rules will ease NMRF burden
- Banks use machine learning to ‘augment’ corporate sales
- Buy-siders eye ways to get ahead of US resolution stay rules