nuclear-news

Cost of Hinkley Point C nuclear plant jumps again to nearly £50bn

The rising cost — and a further delay to the completion date — will be seen as a blow to the UK’s energy security and an indictment of its infrastructure record. The cost of the Hinkley Point C nuclear power station has ballooned to nearly £50 billion and the date when it is expected to be in service has been put back again to 2030.

It does not
augur well either for a second major new nuclear power station, Sizewell C
in Suffolk, which is in the early stages of construction. The news was
revealed in statements in Paris on Friday by EDF, the state-owned French
energy company contracted to build Hinkley Point and Sizewell C.

The company estimated that the cost of Hinkley C was now £35 billion at 2015
prices. Adjusted for inflation, that translates to up to £49 billion. The
original projected cost was £15 billion. The plant is already years late,
as it was originally expected to go into commission in the mid-2020s.

Some argue that the date could yet be pushed back into the 2030s, leaving a
significant gap in UK energy policy after coal-fired power stations were
closed, leaving the country increasingly dependent on giant wind farms in
the North Sea. Consumer energy bills are at historically high levels.

 Times 20th Feb 2026, https://www.thetimes.com/business/companies-markets/article/hinkley-point-c-nuclear-power-station-rise-nearly-50bn-gncq0j6rp

February 23, 2026 - Posted by Christina Macpherson | business and costs, UK