Government extends new nuclear power station timetable by five years, confirms first plant will cost
Source: Telegraph
Britain's hopes of a nuclear renaissance looked further off than ever on Tuesday after the Government abandoned its longstanding ambition to have 16 gigawatts of new reactors running by 2025.
In a Nuclear Industrial Strategy report it said it now hoped the new reactors at five sites around the country would be developed “by 2030”.
The Government also gave the first official confirmation that the costs of the first proposed new plant, at Hinkley Point in Somerset, have risen to as much as £14bn.
EDF Energy plans to build a 3.2GW twin-reactor plant at the site but is locked in talks with ministers over subsidies for the project. The French company set a deadline of the end of the month to get an agreement.
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