UK energy sector expecting ‘massive’ international investment

UK energy sector expecting ‘massive’ international investment

 

British Energy and Climate Change Secretary Ed Davey addresses the Global Investment Conference in London on May 9, 2013

(AFP/Pool/AFP/File – British Energy and Climate Change Secretary Ed Davey addresses the Global Investment Conference in London on May 9, 2013)

Britain is close to securing “massive” international investment in its energy sector, Energy Secretary Ed Davey said on Sunday.

Davey told BBC’s Andrew Marr programme that he had made “huge progress” in negotiations with China

during a recent visit as Britain looks to secure its future energy supply while hitting emission targets.

He also said that South Korea and Japan were considering big investments.

“The Chinese, along with the Japanese and the Koreans are very interested in the opportunities in the British nuclear sector. I think it is really possible we will see massive Chinese investment, not just in nuclear but across the board,” he said.

Read the full article here http://uk.news.yahoo.com/uk-energy-sector-expecting-massive-international-investment-172446552.html#BQUWQLe

Source: Yahoo News

Advertisements

One comment

  1. Pingback: Nuclear News Round Up (14th – 18th Nov 13) | Assystem Energy & Nuclear

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s