Sizewell C / Chancellor Confirms £700 Million State Backing As Nuclear Project Gets Green Light

Spending cuts had led to uncertainty over £20bn plans for two France-supplied EPR units
Chancellor Confirms £700 Million State Backing As Nuclear Project Gets Green Light
Sizewell C could become the first state-backed nuclear power station in the UK for 30 years. Courtesy EDF Energy.
The UK has given the go-ahead for new nuclear at Sizewell C in Suffolk, southeast England, with chancellor Jeremy Hunt confirming £700m (€799m, $824m) in support for what would be “the first state-backed nuclear power station for 30 years”.

Boris Johnson gave the project the green light in one of his last acts as prime minister but Hunt’s plans to cut spending had created uncertainty around the planned power plant’s future.

Hunt said contracts would be signed in “the coming weeks” with partners in the project including French state energy firm EDF, which is building Sizewell’s sister station at Hinkley Point C.

He said the station would provide power for six million homes for 50 years.

Sizewell C will have two France-supplied EPRs producing 3.2 GW of electricity and is expected to cost about £20bn.

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