In the News
Nuclear Energy - Sizewell C new nuclear plant under review
4th November 2022
The inter-linked nature of policymaking is demonstrated here - the original imperative, to reduce public spending, might see the government delay or halt the building of a new power station at Sizewell.
However, this potentially has adverse supply-side costs, because it reduces the nation's capacity to generate electricity, and, as you should know the price elasticity of supply of new power stations is very, very low indeed.
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
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