Sizewell C: Boris Johnson backs Suffolk nuclear power plant funding

2 years ago 42
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An artist's impression of Sizewell C nuclear power stationImage source, Sizewell C

Image caption,

The planned Sizewell C plant is expected to cost about £20bn

Prime Minister Boris Johnson has backed plans to part-fund the Sizewell C nuclear power plant on the Suffolk coast, Whitehall sources said.

The government is expected to confirm it will invest in the estimated £20bn project within weeks.

It gave the go-ahead for the new plant in July with negotiations on raising funds for the development continuing.

Other sources have said a final decision will be made in 2023 and will be for the new prime minister to make.

The project, mainly funded by the French energy company EDF, is expected to generate about 7% of the UK's electricity needs and operate for 60 years.

It would be built next to the existing Sizewell B, which is still generating electricity, and Sizewell A, which has been decommissioned.

EDF has said the new two-reactor plant could generate 3.2 gigawatts (GW) of electricity, enough for about six million homes.

Image source, Andrew Woodger/BBC

Image caption,

Sizewell C would be built just south of RSPB Minsmere

A government confirmation of its investment decision would allow private capital to be raised to help fund the development.

But sources have said a final decision will be made by the new prime minister.

Image source, Sizewell C

Image caption,

Sizewell C, on the right, would be built next to Sizewell B, centre, which is still generating, and Sizewell A, far left, which operated until 2006 and is being decommissioned

A letter leaked to the Sunday Times shows the chief secretary to the Treasury - Simon Clarke - has raised concerns that a decision now, could tie the hands of the next prime minister.

According to the paper, Mr Clarke says the costs of Sizewell C are "sufficient to materially affect spending and fiscal choices for an incoming government, especially in the context of wider pressures on the public finances".

The BBC has approached Mr Clarke for comment but a government source suggested he was fulfilling his duty as chief secretary.

A government spokeswoman said: "Nuclear power has a key role to play as we work to reduce our reliance on fossil fuels and exposure to volatile global gas prices.

"Negotiations are still ongoing on Sizewell C and as these are active and commercially sensitive discussions we cannot comment further."

Local anti-nuclear campaigners have objected to the plant on several grounds, including that it would have a negative effect on wildlife and campaign group Stop Sizewell C has said it will continue to oppose the project.

Image source, Jenny Kirk/BBC

Image caption,

Anti-nuclear campaigners protesting on the beach in the shadow of the decommissioned Sizewell A, which generated electricity between 1966 and 2006

A spokeswoman said: "Our next prime minister should call Sizewell C in.

"There are so many better ways to spend billions of pounds of taxpayers' money than on a project that won't light a single lightbulb for at least a decade."

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