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U.K. Set for Nuclear Funding Law That Would Underpin Sizewell C

  • Government still in talks with EDF about plant financing
  • Sizewell C seen proceeding without Chinese partner CGN
The existing Sizewell B nuclear power station, operated by Electricite de France SA, in Sizewell, U.K.

The existing Sizewell B nuclear power station, operated by Electricite de France SA, in Sizewell, U.K.

Photographer: Chris Ratcliffe/Bloomberg

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Britain plans to legislate as soon as next month for a funding mechanism to spur the construction of new nuclear power plants to replace its aging fleet of reactors.