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Ho hum – another delay, another cost rise – for the beleaguered Hinkley nuclear power project

Somerset Live 27th Jan 2021, The new Hinkley Point C nuclear power station’s Unit 1 planned openinghas been delayed by around six months and the cost of the project is
expected to rise again, the energy firm behind the plant revealed. EDF said
significant progress has been made on the site in Somerset but the start of
electricity generation is now expected in June 2026, compared with previous
estimates of an opening date at the end of 2025. The cost for the project
is now estimated at between £22 billion and £23 billion, compared with
projected costs of £21.5 billion and £22.5 billion announced in 2019. The
coronavirus crisis led to a number of changes on the Hinkley site,
including reducing the number of workers to enable social distancing, and
concentrating on the most critical areas of construction.

https://www.somersetlive.co.uk/news/uk-world-news/uks-new-nuclear-power-plant-4932726

January 28, 2021 - Posted by | business and costs, UK

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