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

Michael Holder
clock
The view south across the Hinkley Point C Construction Site | Credit: EDF
Image:

The view south across the Hinkley Point C Construction Site | Credit: EDF

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

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Nuclear

A CGI image of Hinkley Point C

UN highlights ultra-low carbon footprint of nuclear and renewables

Findings illustrate case for government to invest in nuclear as part of net zero transition, Nuclear Industry Association CEO argues

Cecilia Keating
clock 22 November 2021 • 3 min read
Credit: Rolls-Royce

Rolls-Royce pushes forward with 470MW SMR nuclear plant design

Engineering giant starts UK regulatory approval process for small modular reactor design following government funding boost

Michael Holder
clock 17 November 2021 • 2 min read
'Once in a lifetime opportunity': Government announces £210m small modular reactor programme

'Once in a lifetime opportunity': Government announces £210m small modular reactor programme

Ministers confirm support for Rolls Royce small nuclear plans, as more details announced for carbon capture and storage deployment

James Murray
clock 09 November 2021 • 4 min read