Even Expensive Nuclear Power Is Cheaper than It Looks

Even expensive nuclear power is cheaper than it looks

UK shouldn’t be faulted for its decision to press the button on the Sizewell C project

Britain to build new nuclear plant for $19 billion

LONDON - The British government said on Tuesday that it would spend as much as £14.2 billion ($19 billion) on constructing a nuclear power station, a project that is expected to create 10,000 jobs and help light up 6 million homes.

Britain to invest £14.2bn in Sizewell C nuclear project

Britain will invest £14.2bn to build the Sizewell C nuclear plant in southeast England, the government said on Tuesday, as part of its wider spending review which will define its priorities over the next four years.

The Net Zero backlash

Britain’s new generation of nuclear power plants will not come cheap (Hinkley Point will cost £46 billion) and they will not come soon (they take decades to build). Nevertheless, in Ed Miliband’s confirmation that the Sizewell C plant will go ahead, we can discern a belated governmental recognition that renewables alone will not provide reliable, 24/7 power.  The same logic underpins the government’s more speculative effort, also announced on Wed

Government pledges £14bn for new Sizewell nuclear plant

The Government says it will get the UK off the “fossil fuel rollercoaster” with its new £14 billion plan to build a new nuclear power reactor. The new plant at Sizewell C in Suffolk is expected to power the equivalent of six million homes and provide 10,000 jobs – although it will take more than a decade before it’s up and running. Producer: Bethel Tesfaye  Camera Operator/Editor: Luke Winsbury