In June 2012, in research commissioned by EDF, the Institute for Public Policy Research suggested that building 18 GW of new nuclear energy capacity in the UK, with more than 10 new reactors, could create between 16,250 and 21,250 additional jobs, and enable the UK to compete in the international market for nuclear energy. The Institute of Directors also published a report stating that nuclear energy is a "clean, cheap and safe" way of generating electricity, with 84% of its members in favour of new nuclear power in Britain. However, "The Times" reported the cost of building each EPR had increased to £7 billion, which Citigroup analysts did not regard as commercially viable, projecting a generation cost of 16.6p/kWh for private-sector financed reactors.