The proposed Sizewell C nuclear power station risks being cancelled unless energy company EDF can secure adequate funding commitments. EDF, which is developing the project and hopes to replicate the design of Hinkley Point C to drive down costs.
Construction News 13th Jan 2020 read more »
EDF is looking to secure funding for its proposed Sizewell nuclear plant in the English county of Suffolk as delays have sent the budget spiralling. Construction was due to start in 2022. After building the £22-billion Hinkley Point C power station in Somerset, EDF promised to complete the parallel project in Suffolk far more efficiently, by sharing staff and equipment between the sites and through other efficiencies. Jim Crawford, EDF’s development chief at Sizewell, said the funding issue could undermine the potential for savings. If there was a proposed budget “outside an acceptable price range for the government, then the project probably won’t go ahead — it’s as simple as that”, Crawford told residents in December.
Energy Reporters 14th Jan 2020 read more »