The government is reportedly undecided on the best approach to supporting the development of a fleet of new nuclear power stations in the UK, with the possibility of direct state subsidy still under consideration.

The Financial Times said on 13 February that chancellor Philip Hammond and business and energy secretary Greg Clark had held discussions on the matter, and that the process had been given added impetus by the financial problems at Toshiba––the main shareholder in the consortium behind the Moorside project.

New nuclear power stations are seen as critical by the government to delivering low-carbon electricity supplies in the future; however, many projects have suffered from financing problems.

One person involved in the process said that state support would have to be “financially engineered” in a way that avoided adding to public debt.

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