Sizewell C set for £100m government boost

Led by French nuclear giant EDF Energy – also the lead on Somerset’s Hinkley C – the estimated £20bn Sizewell C would produce 3.2GW of electricity, powering around six million UK homes. In the face of increasing gas prices, the £100m announcement is being hailed by both the UK government and EDF as a timely one, despite the fact that power from the nuclear plant would be more than a decade away.

EDF submits Sizewell C planning application

“We’re very pleased that the government is showing its confidence in Sizewell C which, if approved, will lower energy costs for consumers and help to insulate the UK from global gas prices,” said Simone Rossi, CEO of EDF Energy. “Together with our own investment, these funds will allow us to continue to move the project towards a financial investment decision.

“Sizewell C will benefit from being a near replica of Hinkley Point C in Somerset which is more than 5 years into construction and making great progress in the challenging context of the COVID pandemic. Sizewell C will provide a huge economic boost to East Suffolk where it already enjoys the support of most local people. It will also bring new opportunities for thousands of nuclear supply chain companies up and down the country."