How will EDF pay for Sizewell? Steve Thomas: The plan is to treat the nuclear power station in the same way as if it were an electricity transmission line or a water pipeline, in other words the people who but the power would pay upfront for it, and that stream of revenue would allow the money to be raised for construction in advance. EDF would be able to start raising money from consumers straight away rather than waiting for it to start producing electricity. The issue with nuclear power is economic risk and the record is that they tend not to get built to time and cost. So who will pay if and when things go wrong. Investors will not be very keen on taking the risk that the cost will overrun, so it looks like taxpayers or consumers will be left with the bill.
BBC R4 Today Programme 3rd Jan 2019 read more »
Two villages could be bypassed under plans for a new nuclear power plant. EDF Energy has started its third and final consultation on its vision for Sizewell C on the Suffolk coast. The proposals include a bypass around Stratford St Andrew and Farnham, and also either a new road off the A12, or a new rail route off the Saxmundham to Leiston line. The £16bn plant would be built next to the existing Sizewell B reactor, with construction expected to start in 2022.
BBC 4th Jan 2019 read more »
A new public consultation on plans for a new nuclear power station at Sizewell C in Suffolk is starting its third round today.
New Civil Engineer 4th Jan 2019 read more »