Updated: Hinkley nuclear plant gets EU state aid approval

Jessica Shankleman
clock •

European Commission backs UK government's bid to finance EDF's project in Somerset, confirming total cost of £34bn

The European Commission has approved plans for the UK to finance a new nuclear power plant at Hinkley Point in Somerset, after the government agreed to tweak support levels in order to deliver a fairer...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Jessica Shankleman
Author spotlight

Jessica Shankleman

View profile
More from Jessica Shankleman

BusinessGreen's most read stories of 2015

Government revs up another £400m for plug-in car grants

More on Nuclear

Nuclear fusion industry attracts record annual funding of $4.5bn
Nuclear

Nuclear fusion industry attracts record annual funding of $4.5bn

Fusion industry's annual report reveals sector has now secured over $14bn of investment since 2021, as race to deliver commercial projects accelerates

James Murray
James Murray
clock 14 July 2026 • 3 min read
Sizewell B operations extended by two decades to 2055
Nuclear

Sizewell B operations extended by two decades to 2055

Government and EDF agree to extend life of nuclear power station by 20-years, supporting around 900 jobs on site

Stuart Stone
Stuart Stone
clock 08 July 2026 • 5 min read
'Once in a generation opportunity': UK nuclear manufacturing set to benefit from £100bn investment drive
Nuclear

'Once in a generation opportunity': UK nuclear manufacturing set to benefit from £100bn investment drive

High Value Manufacturing Catapult says manufacturers face ‘narrowing window’ to meet growing demand for nuclear technologies

James Murray
James Murray
clock 08 July 2026 • 3 min read