Last week, new statistics from the Department of Transport (DfT)…
Steps to further speed up preparations to make the site at Sizewell C in Suffolk shovel-ready were announced last week, as part of a drive to create a new generation of nuclear power stations in the UK.
Ministers today made available a further £341 million of previously allocated funding for development work on the project. The extra money will help prepare the site for construction, procuring key components from the project’s supply chain, and expanding its workforce.
It would see activity ramp up at the Suffolk site, supporting continued preparation works, such as constructing onsite training facilities for 1500 apprenticeships, further development of the plant’s engineering design, and direct investments in the local community ahead of work starting. The funding would build on the government’s existing £870 million stake and help drive progress towards the long-standing objective of reaching a Final Investment Decision on a new large-scale nuclear project this Parliament.
Sizewell C could provide reliable, low-carbon power to the equivalent of 6 million homes over 60 years – saving the UK as many as 9 million tonnes of CO2 emissions each year. At the peak of construction work, it could support 10,000 jobs nationwide, with 70% of the value of construction contracts in the supply chain going to UK businesses.