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Does EDF really need even more subsidies for Sizewell C nuclear project?

By doing so, our beloved leaders are ensuring
that Sizewell C will now have subsidised development, subsidised
construction, subsidised power production and subsidised waste management,
for a project still being run by Europe’s most subsidised company,
Electricité de France. Free markets? Don’t you believe it.

Does EDF really need even more subsidies for Sizewell C?even more subsidies for Sizewell C? Under new
legislation, our normally parsimonious government has just earmarked a
further £1.7 billion towards meeting their (uncosted) promise to ensure
that another new nuclear fission power plant may possibly begin being built
before the next election.

By doing so, our beloved leaders are ensuring
that Sizewell C will now have subsidised development, subsidised
construction, subsidised power production and subsidised waste management,
for a project still being run by Europe’s most subsidised company,
Electricité de France. Free markets? Don’t you believe it.


 Electrical Review 6th April 2022 https://electricalreview.co.uk/2022/04/06/does-edf-really-need-even-more-subsidies-for-sizewell-c/













 

April 7, 2022 - Posted by | business and costs, politics, UK

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