Hinkley C: UK nuclear plant costs could soar by a third
EDF says final costs could soar by about a third as it faces a delayed completion date.
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EDF says final costs could soar by about a third as it faces a delayed completion date.
EDF says final costs could soar by about a third as it faces a delayed completion date.
Hinkley Point C will cost as much as £35bn to complete and will come online up to four years later than planned, its French developer has said.
(Bloomberg) -- Electricite de France SA’s nuclear project at Hinkley Point will cost as much as £10 billion ($13 billion) extra to build and take several years longer than planned, the latest in a series of setbacks for the budget and time line of the UK’s flagship station.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionNetflix Pays $5 Billion for ‘Raw’ in Bet on Live EventsAn Isolated Israel Doubles Down on War in Gaza — At All CostsIndia Tops Hong Kong as
EDF is aiming for HPC to become a major source of decarbonised electricity supply for the UK, providing around 7% of national consumption