With the go-ahead for the Hinkley Point C nuclear reactor, announced on 14 September, the nuclear power industry is back in the news in the UK.
Nuclear power generation is a massive global industry which currently uses a number of related technologies. Yet the sector has been overlooked by investors mainly because most (though not all) of the major players are state-owned entities.
Looking towards the future, the industry could be transformed by technologies which currently reside in the realm of science fiction.
Some scientists believe that nuclear fission will give way sometime soon to nuclear fusion. This has two variants: hot fusion and (the ultimate dream) cold fusion – both providing an endless source of clean electricity with no CO2 emissions.
Nuclear fantasy? Bill Gates doesn’t think so – he’s just put money in…