nuclear-news

Sizewll C nuclear white elephant could cost up to £43 billion

Grant Shapps follows Johnson and Kwarteng’s example by purposefully
avoiding any discussion or interaction with those directly affected by the
proposed Sizewell nuclear development during his recent visit to Sizewell
while reconfirming the government’s commitment to the £700m investment by
way of joining EDF in a 50:50 partnership in the Sizewell C White Elephant
financial sink hole on Suffolk’s eroding coast.

Jenny Kirtley, Chair of Together Against Sizewell C, said today, ‘There is nothing new in terms of
funding – this announcement still doesn’t go beyond the £700m already
promised, followed by a lot of sticking plasters to protect the government
from the criticism of doing nothing for years to drive down electricity on
the demand side. A pathetic response from a delusional government that is
long past its sell-by date.

The government’s own risk assessment forecasts
that Sizewell C may cost up to £43 billion –

yet another example of this government’s willingness to squander £billions of public money on a project
that may never operate as it still requires the resolution of EDF’s inability to secure a permanent and reliable supply of a potable water.

TASC 29th Nov 2022

November 30, 2022 - Posted by Christina Macpherson | business and costs, UK