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Saturday, 28 June 2025
Politics

Sizewell C nuclear plant gets £14.2bn government investment

Sizewell C nuclear plant gets £14.2bn government investment

Alice Cunningham

BBC News, Safok

Sizewell CA computer-related image that can look like C-nuclear power station of size is shown with two people.Sizewell c

Government has said

Next to review the spending, the government has invested £ 14.2BN for the construction of a new size C nuclear plant on the Safok coast.

Sizewell c The Treasury said that 10,000 would generate direct jobs, which are thousands of more in the firms supplying the plant and will generate enough energy to provide electricity to six million houses.

Chancellor Rachel Reeves said “Landmark decision” would be “Economic Development” Kickstart, while Energy Secretary Ed Milliband said the investment was necessary to enter the “Golden Age of Clean Energy”.

However, Pressure Group Stop Sizewell C Director Alison Dows said that the ministers had “not cleaned” about the cost of Sizewell C, because “the conversation with private investors is incomplete”.

Reavs said The feature will be “the largest nuclear manufacturing program in a generation”.

Energy Secretary Ed Milliband said that the investment was “the only way to withdraw our energy control and deal with the climate crisis”.

The government emphasizes that nuclear power provides a huge amount of low-carbon, non-onion energy that is an important part of the government’s plans that completely eliminates fossil fuels from the UK’s energy grid by 2030.

However, Sizewell C will take at least a decade to complete. Hinkale Point C in the Samarset, another new plant of size, which is a copy, will switch over a cost of more than a decade and originally more than a decade at a cost of more than a decade.

Martin Giles/BBC Stop Sizewell C Director Alison Downs out in Safok. His shoulder length is golden hair.Martin Giles/BBC

Stop Sizewell C KK Ellison Downs condemns the government’s announcement

In the 1990s, nuclear power generated about 25% of Britain’s electricity. But this figure has fallen by about 15%, but one of the existing nuclear fleet of Britain with all due to decoration by 2030.

The previous orthodox government supported the construction of Sizewell C in 2022.

Since then, Sizewell C has other utensils confirmed by the government, and a formal process was opened in September 2023 to raise private investment.

Minister and EDF – French state -owned energy company is 15% stake in size – Earlier it was said that there were many potential investors and they were close to finalizing an agreement on it.

The final investment decision on the funding model for the plant is going to be held later in this summer.

SIZEWELL C project has faced protest Local and national levels from those who think that it will prove to be an expensive mistake.

Ms. Downs said that she believes that money may be spent on other priorities and feared that the project will “add to the consumer bills”.

He said, “There is still no final investment decision for Sizewell C, but £ 14.2 billion in the funding of taxpayers is a decision that we condemn and strongly believe that the government will regret it,” he said.

He said, “The stormer and Reeves have only signed HS2 Mark 2,” said, referring to the railway project over the years of budget disputes and delays.

Jamie Nibbalk/BBC new road and large area with degers and economizing equipmentJamie Nibbalk/BBC

Large areas of land have already been cleaned in preparation for the construction of SIZEWELL C.

Around 300 protesters on Saturday Sizewell displayed on beach Against the project, many are worried about how the plant will change the environment of the area.

SIZEWELL C investment for the government is the latest in a series of announcements in run-ups spending reviewWhich will be unveiled on Wednesday.

In the review, the Chancellor will be prescribed day to day expenses and investment plans for each government department.

Many policies including U-turn on winter fuel paymentA commitment to increase defense spending, and Investment in the field of science and technology.

Once commissioned, Sizewell C is expected to provide employment to 900 people.

Along with the size, the government said that it was investing £ 2.5BN in five years in research and development for fusion energy and was investing in its defense nuclear sector.

This included the development of HMNB clide and investment in Sheffield Forgemasters.

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