Sovereign Albion is a new platform, exploring who we are, where we're going, and how we get there, told through the lens of the builders – of companies, state capacity, and the nation – making it real.
This launch episode is with John Fingleton and Mustafa Latif-Aramesh, who were part of the UK’s brilliant recent Taskforce on Nuclear Regulation.
When it launched, the report quickly became a rallying point for the many people who refuse to accept that Britain is at some terminal value, both economically and culturally. Nuclear could play an enormous role in enabling safe, clean, abundant energy — solving the energy trilemma of cost, climate and capacity! — but we have made it slow and expensive to build. Britain was the first country in the world to have civil nuclear energy, but today we haven’t built a new nuclear power station for 30 years. I wanted to understand how we got here, and what needs to come next.
Thank you to the Centre for British Progress for supporting this experiment, to Julia Garayo-Willemyns, David Lawrence and Alys Key for their editorial support, and to Ben Mills and The Subthread for production support. Intro news footage source, ©Sellafield Limited.
* John Fingleton is a leading economist and regulator. He was the CEO of the predecessor to the Competition and Markets Authority and was on the board of UK Research and Innovation, and now runs Fingleton.
* Mustafa Latif-Aramesh is a leading infrastructure planning lawyer at TLT LLP and Parliamentary Agent who works across nuclear and other nationally significant planning and infrastructure projects.
00:00 The History of British Nuclear
01:00 Challenges in British Nuclear Development
04:02 Comparing Nuclear Costs: UK vs. South Korea
07:41 The Role of the State in Nuclear Projects
12:05 Future Technologies and Recommendations
16:18 Regulatory and Financial Incentives
28:20 Inside the Taskforce
32:56 Taskforce Member Roles and Expertise
34:53 Formation and Delays of the Taskforce
35:46 Reflections and Future Improvements
39:23 Is The Deep State Real?
45:11 Regulatory Bottlenecks and Political Economy
53:55 Compensation and Community Benefits
57:02 Cultural Perspectives on Nuclear Energy
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