Sizewell C nuclear plant confirmed with £700m public stake
by Jasper Jolly and agency from on (#669ZT)
EDF's Suffolk plant will create 10,000 highly skilled jobs and help ensure UK energy security, ministers say
The government has confirmed the Sizewell C nuclear power plant in Suffolk will go ahead, backing the scheme with an investment of nearly 700m that will end China's controversial involvement.
Ministers said the move to take a 50% stake in the project's development, first announced in Jeremy Hunt's autumn statement, would create 10,000 highly skilled jobs, provide reliable low-carbon power" to the equivalent of 6m homes for more than 50 years, and help boost UK energy security. The government also said it would set up an arm's-length body, Great British Nuclear, to develop further nuclear projects.
Continue reading...