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UK households to foot the bill for new Sizewell nuclear plant, long before it ever starts to generate electricity.

Sizewell**

 According to a recent report in the FT, the UK government has drawn up new
legislation to underpin a financing plan for the new Sizewell C nuclear
site in Suffolk. This will involve thousands of UK households paying more
for their energy bills in order to finance the new site even before it
starts to generate electricity. It’s estimated that the Sizewell C site,
which has been proposed by EDF, will cost £20bn to build. Previously,
Prime Minister Boris Johnson has said that he would like the government to
reach a final investment decision on “at least one” new nuclear power
station before the next general election.

 Tech Radar 10th July 2021

https://www.techradar.com/news/rising-energy-bills-will-fund-nuclear-power-plants

 Oil Price 10th July 2021

https://oilprice.com/Energy/Energy-General/UK-Households-To-Foot-The-Bill-For-New-Nuclear-Plants.html

July 12, 2021 - Posted by | Uncategorized

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