'Challenging': Hinkley Point C nuclear plant to soar £2.9bn over budget, EDF admits

Michael Holder
clock • 3 min read

French developer again forced to increase its cost estimates for Somerset nuclear project, which may now not be generating energy until 2026

The UK's flagship new nuclear power project, Hinkley Point C, is now expected to run up to £2.9bn over budget and is also at risk of falling another 15 months behind schedule, developer EDF admitted today....

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

Michael Holder
Author spotlight

Michael Holder

Environmental journalist and editor

View profile
More from Michael Holder

Study: Electricity bills rising 'much more slowly' than gas due to UK's clean power drive

'Sleeping giant': Poll highlights nature protection as growing concern for voters

More on Nuclear

Rolls-Royce SMR opens bidding for £1.4bn worth of supplier contracts
Nuclear

Rolls-Royce SMR opens bidding for £1.4bn worth of supplier contracts

Supplier programme to support Rolls-Royce SMR and GBE-N efforts to ensure more than than 70 per cent of the content for landmark Gwyndod project is sourced from the UK

Stuart Stone
Stuart Stone
clock 18 September 2026 • 4 min read
Google plots €13bn investment in AI, nuclear, and renewables
Nuclear

Google plots €13bn investment in AI, nuclear, and renewables

US tech giant to build three new data centres in Finland, backed by a 22-year nuclear power deal and support for onshore wind and battery storage

Michael Holder
Michael Holder
clock 10 September 2026 • 4 min read
Government urged to make UK a 'first mover' in nascent maritime nuclear technology sector
Nuclear

Government urged to make UK a 'first mover' in nascent maritime nuclear technology sector

Report from Policy Exchange warns UK at risk of losing out to China and Russia, as nuclear maritime technologies start to be deployed in commercial vessels

James Murray
James Murray
clock 28 July 2026 • 3 min read