Sizewell C / New UK Nuclear Station Confirmed With £700 Million Public Stake

Government also sets up body to oversee further reactor projects
New UK Nuclear Station Confirmed With £700 Million Public Stake
The station is expected to take a decade to build at the cost of between £20-£30bn. Courtesy EDF Energy.
The government has confirmed the Sizewell C nuclear power plant in Suffolk will go ahead, backing the scheme with a £700m (€809m) stake and saying it wants to see more nuclear projects being prepared.

Ministers said the move would create 10,000 highly skilled jobs, provide reliable low-carbon power to the equivalent of 6m homes for more than 50 years and would help secure UK energy security.

Funding for the project was signed off by Boris Johnson at the start of September in one of his last acts as prime minister and confirmed by chancellor Jeremy Hunt in his autumn statement.

The station is a joint endeavour with French state energy giant EDF and is expected to take a decade to build at the cost of between £20-£30bn.

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