Skip to content
Subscriber Only

EDF, RWE May Spend $9.3 Billion a Nuclear Plant, Hendry Says

Utilities building new nuclear power plants in the U.K. may have to spend as much as 6 billion pounds ($9.3 billion) on each plant, according to Charles Hendry, the country’s minister of state for energy.

“Nuclear without subsidies will be part of the energy mix going forward,” Hendry said, speaking in an interview in Stavanger, Norway. “A new nuclear plant we would expect to be about 6 billion pounds, so at this stage we have expressions of interest to build eight to 10 in the next 20 years.”