Discover how Britain transitioned from a pioneering state-run nuclear programme to privately operated power generation, and the political, financial and industrial challenges encountered along the way.
The United Kingdom was among the world's pioneers in civil nuclear energy. During the 1950s and 1960s, under the leadership of the UK Atomic Energy Authority (UKAEA), Britain embarked on one of the most ambitious nuclear programmes ever undertaken. Guided by figures such as Sir John Cockcroft, Edwin Plowden, Sir Christopher Hinton and Sir William Penney, the nation rapidly developed its nuclear research, construction and power generation capabilities.
Nuclear energy promised solutions to many of Britain's post-war energy and economic challenges. However, it also introduced new issues, particularly around cost competitiveness, financing and long-term sustainability. As these challenges grew, governments of different political persuasions began exploring a fundamental question: could Britain's civil nuclear industry be successfully transferred from public ownership to the private sector?
The answer would unfold over several decades, through changing political priorities, industry restructuring, market reforms and periods of significant financial uncertainty. This ultimately led to the creation and privatisation of British Energy, marking one of the most complex transformations in the history of the UK's energy sector.
In this webinar, Simon Taylor, Professor at Cambridge Judge Business School, will explore the story behind Britain's transition from a nationally operated nuclear industry to privately funded and operated nuclear power generation. Drawing on extensive research and insights shared in his critically acclaimed books, Simon will examine the key decisions, challenges and outcomes that shaped the modern UK nuclear sector.
Simon is the author of ‘The Fall and Rise of Nuclear Power in Britain: A History’, available for purchase on the Nuclear Institute Shop. His work has been widely praised by experts across government, academia and the nuclear industry.
Lord Howell, former Secretary of State for Energy, described his research as "a terrific piece of work ... far greater and more devastating detail than anything else so far in the public domain."
The late Professor David J.C. MacKay called it "essential reading for anyone who wants to reap the lessons of history."
Whether you are interested in nuclear policy, energy markets, infrastructure investment or the history of Britain's energy sector, this session will provide valuable insights into one of the UK's most significant industrial transformations.
Event Agenda
5 minutes – Introduction
40 minutes – Presentation by Simon Taylor
15 minutes – Audience Q&A
Duration: 60 minutes
When: Friday 18 September 12:00 to 13:00
Where: Online via Teams (Access will be provided in the registration confirmation email you will receive)
Registration deadline:Friday 18 September 12:00