nuclear-news

 Sizewell C’s Final Investment Decision has only crawled over the line (- with the public purse)

 “This much-delayed Final Investment Decision has only crawled over the
line thanks to guarantees that the public purse, not private investors,
will carry the can for the inevitable cost overruns. Even so, UK households
will soon be hit with a new Sizewell C construction tax on their energy
bills. It is astounding that it is only now, as contracts are being signed,
that the government has confessed that Sizewell C’s cost has almost
doubled to an eye watering £38 billion – a figure that will only go up.
Given that Ministers claimed not to recognise the cost was close to £40
billion is there any wonder there is so little trust in this project?”

 Stop Sizewell C 22nd July 2025,
https://mailchi.mp/stopsizewellc/finalinvestmentdecision?e=326ee81c22

July 25, 2025 - Posted by Christina Macpherson | business and costs, UK