UK Nuclear Plant Sizewell C cost 'has doubled since 2020 and could near 40bn' [View all]
Sizewell C cost has doubled since 2020 and could near £40bn
The Guardian | Jillian Ambrose | Tue 14 Jan 2025
The cost of building the Sizewell C nuclear power plant in Suffolk has doubled since
the plans were presented to the UK government in 2020 and could now reach close to £40bn, according to reports.
A rise in construction charges over recent years, combined with cost overruns and delays at EDFs
Hinkley Point C nuclear project in Somerset is expected to increase the final bill to build a successor project at Sizewell, according to the Financial Times.
A report cited people close to the talks between EDF and the government, which are focused on how to finance the nuclear project. The Treasury is expected to decide whether to back the project in this years spending review.
According to the report, one senior government figure and two well-placed industry sources said that the cost of building Sizewell C would be about
£40bn in 2025 prices...more
https://www.theguardian.com/business/2025/jan/14/sizewell-c-cost-nuclear-power-plant-edf
£40 BILLION - to boil water
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