nuclear-news

  East Suffolk MP warned “billions worthlessly invested” in Sizewell C

Campaigners have written to Member of Parliament for Suffolk Coastal, Jenny
Riddell-Carpenter, about the billions spent on nuclear project Sizewell C,
after costs were speculated to end up spiralling to £40 billion.

The long-term expense of the project has come into question after it emerged
that spending on another nuclear power station that is being built by
French state-owned developer EDF is expected to be in excess of £40bn.
Cour des Comptes, the French state auditor, last week advised the energy
company to delay an investment decision on the nuclear power station in
Sizewell, after Hinkley Point C hit delays and refinancing difficulties.

It advised EDF to slash its financial exposure to the Hinkley Point C project
before making a final decision regarding its investment in Sizewell C.
Campaign group Together Against Sizewell C (TASC) said the auditor’s
advice “demonstrates there are external factors that are outside the
control of the UK government that mean the project might not be
completed”.

 Energy Voice 23rd Jan 2025, https://www.energyvoice.com/renewables-energy-transition/nuclear/565933/east-suffolk-mp-warned-billions-worthlessly-invested-in-sizewell-c/

January 26, 2025 - Posted by Christina Macpherson | business and costs, UK