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Former UK Energy Minister Sir Ed Davey says new Sizewell nuclear station is too expensive

Suffolk’s Sizewell C too expensive, says Sir Ed Davey,   BBC,  By Vikki Irwin & Chris Bond
28 Sept 20,   Former energy secretary Sir Ed Davey has said building a new nuclear power station at Sizewell is “too expensive”.

Instead the new Liberal Democrat leader argues the government should invest more in renewable energy to help boost the economy.
“The economic case for nuclear power is not there any more,” said Sir Ed.
Energy firm EDF, which is behind the £20bn proposals, said the plant on the Suffolk coast would deliver low-carbon electricity.
Sir Ed, energy minister during the 2010-15 coalition government, approved plans for a new nuclear plant at Hinkley Point in 2013 and secured Chinese investment for the site on the Somerset coast.
But now he said: “The cost of offshore wind energy has fallen dramatically and renewables are cheaper than nuclear.
“We can build them locally, we don’t need Chinese investment. Let’s tap into this energy source that we control, that is clean, green and that creates green jobs in the region.”
Next week sees the deadline for interested parties to register their interest in the planning inquiry into Sizewell C.
It is expected to be about 18 months before a final planning decision is made and the plant would then take 10 years to build………..
Politics East is broadcast on BBC One on Sunday at 10:00 BST and available on the iPlayer after transmission .

September 28, 2020 - Posted by | business and costs, politics, UK

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