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UK pledges £11.5bn of new state funding for Sizewell C nuclear plant

Chancellor Rachel Reeves will confirm a £14.2 billion funding commitment for the Sizewell C nuclear plant in Suffolk at the GMB union congress on Tuesday.
This announcement follows the Conservative government’s 2022 buyout of the Chinese stake and January 2024 approval to start construction of Sizewell C, intended to create thousands of jobs.
Sizewell C aims to generate power for six million homes and support 10,000 jobs including 1,500 apprenticeships, with £330 million of contracts signed with local firms.
Rachel Reeves called this the 'biggest nuclear building programme in a generation' and a 'landmark decision,' while Energy Secretary Ed Miliband described it as essential to achieving a 'golden age' of clean energy.
The project faces opposition over costs, delays, and consumer bills, with critics warning negotiations remain incomplete and the government risks offering generous deals that may undermine value for money.

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junge Welt

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Nuclear Energy in Britain: Return of Nuclear Power

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The Conversation

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Nuclear energy is a risky investment, but that’s no reason for the UK government to avoid it

Sizewell B on the UK's Suffolk coast. Nick Beer/ShutterstockThe UK government’s investment of around £14 billion in a new nuclear power plant marks a big economic shift for the country’s approach to energy. The Sizewell C plant in Suffolk will be the second of a new generation of reactors to be built in the country, after Hinkley Point C in Somerset, which is expected to open in 2031. French energy firm EDF is building Hinkley and will probably …

23 days ago

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Nuclear boost will drive jobs in Warrington says MP

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24 days ago·Warrington, United Kingdom

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The Register

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UK bets big and small on nuclear to meet DC demand

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Watts Up With That?

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Govt To Invest £14.2 Bn In Sizewell C

The £14.2 billion mentioned will be direct government investment in the project, which will still be owned by EDF. Private investors are still being sought, and a Final Investment Decision is expected next month.

25 days ago

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