The British government announced Monday, December 14 that it would begin discussions with the French energy giant EDF for the construction of a new nuclear power plant, Sizewell C, in Suffolk on the east side of England.
The public authorities do not exclude participating in the financing to allow this power station to emerge, according to a press release from the Department of Enterprise which unveils several measures to green the British economy. The government “assesses the possibilities for investing in at least one nuclear power plant” by the end of this legislature, or 2024, it is specified.
This project in Sizewell, valued according to the British press at 20 billion pounds (21.8 billion euros), could create thousands of jobs thanks to its construction as well as its operation. London specifies that the project will have to be financially balanced and obtain regulatory green lights, before a final investment decision is made.
EDF had announced in May that it had filed an application to build this new power plant, a file that was delayed due to the pandemic. With a total power of 3.2 GW, Sizewell C will be able to supply electricity to 6 million homes and its construction should create 25,000 jobs, estimated the French group at the time.
At the Sizewell site, there are two plants, Sizewell A, which opened in the 1960s and closed in 2006, and Sizewell B, which opened in 1995 and is still in operation. The power station is designed as a quasi-replica of the one at Hinkley Point located in Somerset (South West England) and should be developed like the latter by EDF alongside the Chinese CGN. This should make it possible, according to EDF, to reduce the risks and costs for this new plant.
The government in its statement does not mention CGN, which is expected to be a minority partner in the project alongside EDF, even as economic relations between London and Beijing have been strained since the decision to exclude Huawei from the 5G network in the country. .