nuclear-news

Hinkley Point C nuclear station – construction costs $388.9 million every month

S&P 20th Oct 2020, EDF Energy is spending GBP300 million ($388.9 million) a month on the
construction of the 3.2-GW Hinkley Point C nuclear power plant that it is
building with its equity partner China General Nuclear Corp. in western
England, a company executive said at a London webinar Oct. 20.

Humphrey Cadoux-Hudson, managing director, nuclear new build at EDF Energy, was
speaking at a webinar on the future development of the UK nuclear power
industry organized by the Westminster Energy, Environment and Transport
Forum. He said that EDF Energy had been spending this amount monthly on
Hinkley Point C “since 2018” and intended to continue at the same rate of
monthly expenditure until the plant’s completion.

The two EPR Hinkley Point C plant in western England is currently scheduled to start operations
during 2025. The plant is 66.5% owned by EDF Energy and 33.5% owned by CGN.

https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/102020-edf-spending-gbp300-milmonth-on-hinkley-c-nuclear-plant

October 22, 2020 - Posted by Christina Macpherson | business and costs, UK