U.K. Energy and Climate Change Secretary Chris Huhne told the Sunday Times in an interview that new nuclear power plants will be built, despite the government's opposition to subsidize the industry.

He said the rise of gas and oil prices in the coming years will make nuclear energy more attractive to private investors, despite government budget restrictions.

"It is very clear from the coalition agreement that there will be a new generation of nuclear power," Huhne said in the interview.

However, Huhne has expressed skepticism towards nuclear energy, and said "I am simply a skeptical economist about the record of nuclear power on delivering on time and to budget in a way that can make returns for investors," he said, reported the newspaper.
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