United Kingdom officials will spend about $ 19 billion to launch the planned C Nuclear Central Central, on June 10. The installation of 3.2 GW, a reactor twin, which will be built next to the operation of Sizewell B Nuclear Station on the east coast of England, will replicate the design of the Hinkley Point C plant from the country also under construction on the west coast, to reduce the risk and save money.
The estimated total cost of Sizewell C was not revealed, but Hinkley Point is speculated to rise to an investment of $ 54 million.
“We aim to show the British infrastructure at its best: to design a clean and safest energy future for the nearby generations,” said Julia Pyke and Nigel Cann, Somewell CONG CONSELLERS, in a statement.
The United Kingdom government, which is a majority shareholder at size C, said that the installation would be the first British property nuclear power plant built in decades. EDF, owned by the French Government, also has a participation in the project and is behind the delayed installation of Hinkley Point C, which is a model for the Molswell C. UK officials are also in conversations with other investors in the public and private sectors.
The Government said it has already signed more than $ 400 million of contracts with local providers for the project, which could have a maximum labor of 10,000 and a power of six million homes for at least 60 years.
The United Kingdom plans to finance the project through a regulated asset base model, one for a nuclear power plant.
Officials said that the model uses “independent regulation, strict cost controls and transparent supervision” to prevent cost expenses. But the group’s vegetable opponents stop size C ensure that the financing model involves a new tax on all energy bills to pay for construction and “places an unacceptable risk that consumers would be forced to continue to pay if there were delays and cost expenses.”
The opponents compared the model with a used in VC’s summer expansion in South Carolina, which was abandoned in 2017.
The project leaders said that the United Kingdom plant is needed to help control energy costs, as the country’s confidence in natural gas abroad has led to prices since Russia began its invasion of Ukraine in 2022.
“We will not accept the status quo of not investing in the future and the energy insecurity of our country,” said the Secretary of Energy of the United Kingdom, Ed Miliband, in a statement.
The plant is expected to come online in the mid -1920’s.
Small modular reactors
Also, the UK government selected Rolls-Royce SMR Ltd. As a favorite bidder to work with the British British Energy Nuclear entity of government property to develop small modular reactors, officials announced on June 10.
Simon Bowen, president of great British energy, called the “a decisive step” selection. It follows a two -year competition that also included GE Hitachi Nuclear Energy, Holtec Britain and Westinghouse Electric Co. As finalists. The second retired in April.
The contract between great British energy: nuclear and company still requires approvals.
UK energy officials pledged to spend more than $ 3 billion on the SMR program.
According to the company, Rolls-Royce SMR already has multiple commitments for building projects in Europe.
