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EDF’s Economic Statement on impact of Sizewell nuclear project – gives unproven, misleading evidence

Stop Sizewell C 3rd Sept 2020, An independent review of EDF’s Economic Statement, assessing the impacts of Sizewell C to Suffolk’s local economy, has concluded that the project threatens “profitability and, in some cases, viability” of some local businesses, while others will be “at an immediate disadvantage when  bidding for contracts”.

The report, Sizewell Economic Statement – Response, by highly-regarded independent research and analysis consultancy Development Economics, reveals multiple areas where EDF’s claimed benefits are over-optimistic, unproven or misleading, frequently omitting
evidence to support its figures or relying on “erroneous analysis”.

It concludes, critically, that EDF’s Economic Statement “fails to meet the minimum requirements of the legislation”, with no serious attempt to measure the deterrent effect on tourists and their expenditure, traffic  congestion or competition for skills and labour.

The National Policy Statement EN-6 requires that applicants for major nuclear energy projects take into account ‘potential pressures on local and regional resources, demographic change and economic benefit’.

https://stopsizewellc.org/economic-impacts/

September 7, 2020 - Posted by | business and costs, France, politics, secrets,lies and civil liberties, UK

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