UK gives green light to £38 bn Sizewell C nuclear plant

Impression of Sizewell C nuclear power station

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Having sidelined as far as possible other forms of reliable electricity generation due to irrational fear of CO2, nuclear power inevitably comes to the fore again in the UK. Controversy has given way to necessity in the face of the notorious intermittency of unpredictable wind and solar power.
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The UK government on Tuesday gave new British nuclear power plant Sizewell C the final go-ahead after reaching a deal with investors, aiming to bolster net zero and energy security goals, says TechXplore.

The government, the largest shareholder in the project, said Sizewell C, in eastern England, will cost around £38 billion ($51 billion) to construct.

The project will also be funded by Canadian pension fund La Caisse, British Gas owner Centrica, Amber Infrastructure and French energy giant EDF.

“It is time to do big things and build big projects in this country again,” Energy Secretary Ed Miliband said in a statement.

“Today we announce an investment that will provide clean, homegrown power to millions of homes for generations to come,” he added.

The plant, which has been in financial limbo for over a decade, is not expected to start generating electricity until the 2030s.

The projected construction cost of £38 billion exceeds previous official estimates of £20 to £30 billion—and campaigners have warned that further cost overruns or delays could impact households.
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The UK has refocused on shoring up nuclear power since the start of the war in Ukraine, in the name of energy security and faced with a fleet of aging power stations.

Prime Minister Keir Starmer’s government has also pledged by 2035 to reduce UK greenhouse gas emissions by 81% on 1990 levels, under plans to reach net-zero by 2050.

The use of nuclear energy as an alternative to fossil fuels is highly controversial, however, with many environmental groups warning about safety risks and the disposal of nuclear waste.

The plans for Sizewell C have been met with anger by some local residents worried about the impact of the new plant on the town of Leiston in Suffolk.

Once operational, the project will power around six million homes and create around 10,000 jobs, according to the government.

Full article here.
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Image: Impression of Sizewell C nuclear power station