EDF, UK government agree to extend life of Sizewell B nuclear plant by 20 years
EDF will invest about £800 million to keep Sizewell B running for 20 more years, preserving 1.2 gigawatts of low-carbon power.
- EDF and the UK government reached a draft deal on Wednesday to extend Sizewell B's life by 20 years, investing $1.1 billion in upgrades to keep the nuclear plant operating until 2055.
- Nuclear power serves as a critical component of the country's net zero strategy, providing essential backup when wind and solar output drops significantly, making Sizewell's continuation vital.
- Operating since 1995, Sizewell provides power to two million homes and produces 3% of the country's energy; the extension secures 900 jobs at the plant.
- Provisional terms include a supply contract at £70.50 per megawatt hour; regulatory approval and ongoing safety assessments remain required, with final agreement expected later this year.
- Campaign group TASC condemned the reliance on nuclear power, with CWilson of TASC arguing the extension creates a "multi-generational financial and environmental liability" amid climate change concerns.
12 Articles
12 Articles
UK, EDF Reach Deal to Extend Life of Sizewell B Nuclear Plant
The UK government reached a draft deal with Electricite de France SA to extend the life of a key nuclear plant beyond the middle of the century, as the nation seeks to cut reliance on fossil fuels for power generation.
Sizewell B nuclear power station granted 20-year extension generating electricity until 2055
The Sizewell B nuclear power station has been granted a 20-year extension and will continue to generate electricity until 2055. The plant, Britain’s only pressurised water reactor, creates enough power for two and a half million homes and meets around three per cent of the country’s electricity needs. Opened in 1995, the Suffolk power station had been scheduled for closure in 2035. But a deal has been struck with the Government to extend its lif…
Sizewell B granted 20-year life extension
The government has granted the Sizewell B nuclear power plant a 20-year lifetime extension, meaning it will now continue to generate electricity until 2055. Owner EDF and investor Centrica said it had agreed terms with the Department of Energy Security and Net Zero, in a deal that will see its owners paid considerably less for energy than under the previous arrangement. The agreement – known as a contract for difference (CfD) – means Suffolk pla…
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