nuclear-news

UK government has already allocated £6.4bn to the Sizewell C nuclear project!

 The Sizewell C Development Expenditure Subsidy Scheme (DEVEX Scheme) has
been made for £5.5bn for the Sizewell C company. Under this scheme to
date, £3.9bn has been awarded to the company, in two tranches, one of
£1.2bn and one of £2.7bn. Prior to these awards, the Department had
awarded £2.5bn to the project since the Government Investment Decision in
November 2022 under the SZC Investment Funding Scheme. Hence, in total, the
Department has to date allocated £6.4bn to the project under both subsidy
scheme.

 Hansard 2nd June 2025

UIN 54121, tabled on 21 May 2025
https://questions-statements.parliament.uk/written-questions/detail/2025-05-21/54121

June 5, 2025 - Posted by Christina Macpherson | business and costs, politics, UK