UK's flagship nuclear plant could cost up to $59 billion, developer says – Winnipeg Free Press
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The fallout from the latest delays to the flagship Hinkley Point nuclear project are wide-ranging - and they present significant challenges for both the government and the opposition
The EU must invest about €1.5tn a year from 2031 to meet net-zero by 2050, the European Commission has said in documents seen by the Financial Times.
The UK’s first new nuclear plant in a generation, Hinkley Point C, is facing another delay and further budget increases due to a combination of factors including Covid-19, Brexit and inflation, owner EDF Energy has said.
Project owner Electricité de France now expects to complete the project between 2029 and 2031and estimates its cost at between $39 billion and $43 billion.