4 d. ago Centrica preparing to take 15% stake in Sizewell C nuclear plant, reports say

The investment would mean Centrica has about the same size stake in Sizewell C as EDF, the Financial Times reported.

Events

3 w. ago The Guardian view on Labour’s nuclear bet: big promises, but bigger questions remain unanswered | Editorial

A bold state investment signals nuclear revival, but unresolved issues around cost, waste and safety demand urgent ministerial clarityThe government’s decision to invest £14.2bn in nuclear energy, on top of existing funds, marks a return to significant state funding of nuclear power after Hinkley Point C, financed by the private sector, was dogged by delays and cost overruns. It is also a decisive shift in energy policy. Ministers have high hopes of a nuclear energy renaissance. Ed Miliband, the energy secretary, described the prospect of a new reactor in Suffolk, Sizewell C, combined with new money for modular reactor development and fusion research, as a “golden age”. This was a striking choice of words from the greenest voice in the cabinet.The Climate Change Committee’s latest advice to the government took a more restrained view of nuclear, which drew industry ire. Mr Miliband’s commitment to renewable energy is not in doubt. The government has made good...

Events

3 w. ago What’s behind Keir Starmer’s decision to back nuclear power?

Does the UK need nuclear to keep the lights on? What has big tech got to do with it? And do the costs stack up?Keir Starmer has committed the UK to its first significant stake in a new nuclear power plant since the 1980s.The decision to invest almost £18bn of taxpayer money into the Sizewell C nuclear power plant in Suffolk was welcomed by Ed Miliband, the energy secretary, as the beginning of a “golden age” of nuclear investment that would be critical to the government’s net zero goals. Continue reading...

Events

3 w. ago Spending review latest: Starmer says ‘no more dithering’ over nuclear power amid £14bn Sizewell C plan

Chancellor signs off on £14.2 billion of investment to build the new Sizewell C nuclear plant

Economics

3 w. ago Spending review latest: Government accused of not ‘coming clean’ over full costs of Sizewell C nuclear plant

Chancellor signs off on £14.2 billion of investment to build the new Sizewell C nuclear plant

Economics

3 w. ago China banned from investing in Sizewell C, energy secretary Ed Miliband vows

It comes amid growing concerns over the impact of Chinese influence in British infrastructure and supply chains

Events

3 w. ago Reeves says nuclear investment shows UK ‘back where it belongs’ after approving Sizewell C plant

The Government has earmarked almost £17 billion for nuclear power projects in the UK

Economics

3 w. ago What is Sizewell C nuclear plant and why is it controversial?

Environmentalists and campaign groups have argued it will impact local wildlife and is ‘too slow’ to combat climate change

Events

3 w. ago Sizewell C nuclear plant to be built with £14.2bn government funding

The Suffolk plant is expected to take around a decade to complete

Economics

3 w. ago New Sizewell C nuclear plant backed with £14.2bn government investment

Investment aims to boost clean energy and create 10,000 jobs, but critics warn of spiralling costs

Economics

3 w. ago UK pledges £11.5bn of new state funding for Sizewell C nuclear plant

Latest money increases the total taxpayer investment in the power station site to £17.8bn

Economics

3 w. ago Reeves signs off on £14bn to build new nuclear plant Sizewell C

The Chancellor is set to confirm the funding at the GMB Congress on Tuesday.

Economics

3 w. ago Reeves backs £14bn Sizewell C build in push for clean energy and jobs

Investment aims to boost clean energy and create 10,000 jobs, but critics warn of spiralling costs

Economics

3 w. ago Rachel Reeves gives major update on future of nuclear power plant Sizewell C

Chancellor Rachel Reeves is set to confirm the multi-billion pound nuclear plant Sizewell C on the Suffolk coast will go-ahead as part of Wednesday's Spending Review

Events

3 w. ago Rachel Reeves to sign off funding for Sizewell C nuclear power plant

The Chancellor will announce £14.2billion to pay for a new reactor at the site in Suffolk, with the plant eventually powering 6million homes.

Economics