nuclear-news

Ministers told to say how Sizewell C will be funded as new nuclear plan launched. 

Government announced plans to build third new nuclear plant, even
though existing plan for reactor yet to be decided. Ministers are facing
demands to reveal the timetable for a final investment decision in Sizewell
C before a general election is called after the Government committed to
building a third major nuclear plant.

The Government announced plans to
build a new large scale nuclear power station that will be able to provide
energy to more than six million homes, even though the final funding for an
existing proposal in Suffolk has yet to be secured. Energy minister Andrew
Bowie faced calls from Labour to reveal the timetable for a final
investment decision in the Suffolk power station before the end of
Parliament.

Shadow business minister Sarah Jones insisted it was “all
well and good talking about commitments to new stations in the next
Parliament” before demanding what the timetable is for the Sizewell C
investment decision. Ms Jones urged Mr Bowie to give a “categorical
promise” that the final decision will come before the election, adding:
“Time is running out.” Mr Bowie replied: “We remain committed to
making that decision by the end of this Parliament, and in fact on Hinkley
Point C we are very proud of the progress that is being made.” The new
station is expected to be built at Wylfa in Anglesey, north Wales, with
firms from South Korea, the US and France expected to bid for the scheme.
Government sources said that Chinese firms will be blocked from any bidding
process, to avoid any risk to the country’s critical infrastructure.

iNews 11th Jan 2024

https://inews.co.uk/news/politics/ministers-urged-how-sizewell-c-funded-new-nuclear-plan-launched-2849864

January 13, 2024 - Posted by Christina Macpherson | politics, UK