UK Sizewell C Nuclear Investment Decision Risks Dragging to 2025
- Negotiations continue with potential investors in Sizewell C
- Nuclear power is critical to UK energy and climate goals
A sign regarding the preparatory works for the Sizewell C nuclear power station in Sizewell.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
A final investment decision in Britain’s next large-scale nuclear power plant, Sizewell C, risks getting pushed into next year as negotiations with private investors are taking longer than anticipated following the UK election.
The developer of the government-backed project had previously expected to get funding lined up by the end of this year, but with negotiations moving slowly, it’s increasingly likely that the plant might not get the go-ahead until 2025, according to people familiar with the matter who asked not to be named because the talks are private.