EXCLUSIVE INTERVIEW | Would nuclear hydrogen cost the earth? Not if West learns lessons from Asia, says new global coalition

When most people think of nuclear power plants, the words “Chernobyl” and “Fukushima” may well spring to mind — along with thousands of people fleeing their radioactive homes. Environmentalists might also consider the radioactive waste that has to be stored for centuries, while those in the power sector might think of the outright expense of recent newbuild nuclear plants, not to mention the blown budgets and years of delays. Britain’s Hinkley Point C, for instance, is guaranteed a strike price of £92.50 ($111.23) per MWh for 35 years (at 2012 prices, but rising with inflation) — making it almost three times more expensive than the latest UK offshore wind prices. Olkiluoto 3 in Finland was finally completed at the end of 2021 — 12 years behind schedule and €8bn over budget. And EDF’s under-construction Flamanville 3 is now 11 years behind schedule, with auditors…

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