nuclear-news

Boris Johnson plans to sign off on new £30bn nuclear plant in his final week in power.

• He is hoping to push through the planned Sizewell C nuclear power station
• The new nuclear power station is expected to cost up to £30billion to build

By JASON GROVES POLITICAL EDITOR FOR THE DAILY MAIL, 29 August 2022

Boris Johnson will call for a massive increase in Britain’s domestic energy production this week, as he signs off on funding for a new nuclear power station.

The Prime Minister is expected to use his final speech in office to insist that a lasting solution to the current energy crisis must include a massive scaling up of the UK’s domestic energy resources.

He is also hoping to push through a decision on funding for the planned new Sizewell C nuclear power station in Suffolk, which would help guarantee Britain’s energy security.

Ministers have agreed in principle to sign off on the Sizewell C plant, which is expected to cost up to £30billion to build.

Whitehall sources suggested that both Liz Truss and Rishi Sunak have been consulted on the deal, which is expected to involve the Government taking a 20 per cent stake costing up to £6billion.

Final negotiations are continuing with French power firm EDF, which will operate the plant.

But Mr Johnson hopes to give the green light this week as a statement of intent on his plan to build one nuclear power station a year…………………………………………….

The result of the Tory leadership contest will be announced on 5 September and Mr Johnson is expected to leave office the following day.   https://www.dailymail.co.uk/news/article-11155317/Boris-Johnson-plans-sign-new-30bn-nuclear-plant-final-week-power-sources-say.html

August 28, 2022 - Posted by Christina Macpherson | politics, UK