UK Approves $51 Billion Nuclear Plant

Date:

UK Approves $51 Billion Nuclear Plant

EDF Energy’s Sizewell B nuclear power station, in Sizewell, England, on Sept. 1, 2022. Chris Radburn/AFP via Getty Images

The UK government gave the final go-ahead on Monday for the Sizewell C nuclear power plant to be built in eastern England after securing investment from Canadian pension fund La Caisse, Centrica, and Amber Infrastructure.

Sizewell C in Suffolk will be the UK’s second new nuclear plant in more than two decades, following the government’s 2013 deal with EDF to build Hinkley Point C in Somerset, which is now expected to come online in 2029 after years of delays and cost overruns.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Man in Australia Charged Over Nazi Symbol and Online Threat

Crime and Public SafetyPolice say the charges stem from...

Senate Committee Probes Anthropic on Why Hundreds of Pauline Hanson Deepfakes Flooding the Web

Leader of One Nation Senator Pauline Hanson speaks to...

Iran Wont Close Strait of Hormuz, UN Envoy Says

An aerial view of the Iranian shores and Port...

US Treasury Issues 30-Day License to Allow Sale of Russian Oil Stranded at Sea

The Liberian-flagged oil tanker Ice Energy (L) transfers crude...