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

More on Nuclear

UK and US announce major partnership to deliver new wave of nuclear projects

UK and US announce major partnership to deliver new wave of nuclear projects

Governments and companies ink series of deals to advance plans for fleet of small modular reactors across the UK

James Murray
clock 15 September 2025 • 6 min read
EDF confirms plan to extend life of nuclear plants

EDF confirms plan to extend life of nuclear plants

Heysham 1 and Hartlepool power stations to continue generating until March 2028, following latest extension of 12 months

James Murray
clock 02 September 2025 • 2 min read
Nuclear graphite recycling project secures £13m funding boost

Nuclear graphite recycling project secures £13m funding boost

Project led by the University of Manchester aims to develop innovative approaches for tackling graphite waste from nuclear power plants, which it claims could save the UK £2bn

Michael Holder
clock 12 August 2025 • 3 min read