Government proposes £5.5bn subsidy scheme for Sizewell C nuclear project

Michael Holder
clock • 3 min read
An artist's render of Sizewell C nuclear power station | Credit: EDF
Image:

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

New support regime would aim to help 3.2GW project attract private investment

The government has unveiled details of its £5.5bn subsidy scheme to support the development of a major new nuclear power plant at Sizewell in Suffolk, as it pushes forward with its ambitions to decarbonise...

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

Editor

View profile
More from Michael Holder

Report: An accelerated renewable energy rollout could unlock $20tr in global savings

Ed Miliband slams Nigel Farage as he accuses critics of 'telling lies' about net zero

More on Nuclear

Google inks landmark nuclear fusion power purchase agreement
Nuclear

Google inks landmark nuclear fusion power purchase agreement

Tech giant announces first commercial commitment to source nuclear fusion power after agreeing deal with Commonwealth Fusion Systems

Stuart Stone
Stuart Stone
clock 01 July 2025 • 4 min read
'A golden age of nuclear': Rolls-Royce SMR named as preferred bidder for UK's first small modular reactors
Nuclear

'A golden age of nuclear': Rolls-Royce SMR named as preferred bidder for UK's first small modular reactors

Government says revamped Great British Energy - Nuclear agency is aiming to confirm first site for SMR development by the end of the year

James Murray
James Murray
clock 10 June 2025 • 4 min read
'More nuclear means more jobs': Britain's nuclear power sector grew by a quarter in 2024 to £20bn
Nuclear

'More nuclear means more jobs': Britain's nuclear power sector grew by a quarter in 2024 to £20bn

New study shows nuclear sector's economic contribution has grown by a quarter in three years, driven by high profile Hinkley Point C and Sizewell C projects

Amber Rolt
clock 09 June 2025 • 3 min read