'A crucial step': Government unveils funding plan for new nuclear plants

Michael Holder
clock • 5 min read
The new Sizewell C nuclear project would be located next to EDF's existing Sizewell B plant | Credit: John Fielding
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The new Sizewell C nuclear project would be located next to EDF's existing Sizewell B plant | Credit: John Fielding

Government touts RAB funding model as 'win-win' for climate and consumers, but pushing upfront costs onto energy bills could prove controversial

UK consumers are set to pay up-front for the construction of a fresh fleet of large-scale nuclear power plants through their energy bills under a new financing model unveiled by the government today, which...

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An artist's render of Sizewell C nuclear power station | Credit: EDF

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An artist's render of Sizewell C nuclear power station | Credit: EDF

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