Financial Times FT.com

Nuclear power gains an edge

By Jean Eaglesham, Political Correspondent

Published: May 14 2005 03:00 | Last updated: May 14 2005 03:00

Alan Johnson, the new trade and industry secretary, raised the prospect of an early a commitment to build a new generation of nuclear power stations as he set a shorter than expected deadline for the government to complete a review of energy policy.

While stressing that no decision had yet been taken, Mr Johnson told the Financial Times the government would examine its options "some time this year". A verdict would have to be reached "in plenty of time" to replace Britain's ageing fleet of nuclear stations, all but one of which will have reached the end of their lives by 2023.

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