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The UK's Department for Energy Security and Net Zero has launched a pre-qualification for potential investors as the first stage of an equity raise process for the Sizewell C nuclear power plant project in Suffolk, England.
- Source: World Nuclear News
- Date: Tuesday, 19 September 2023
- Original article: world-nuclear-news.org/Articles/Private-investment-sought-for-Sizewell-C-project
EDF, China General Nuclear (CGN) and the UK government have agreed a three-year extension to the contract for difference (CfD) for the Hinkley Point C (HPC) nuclear power plant under construction in Somerset, England. While the 'long-stop date' has now been moved to November 2036, EDF maintains the plant's start-up schedule remains unchanged.
- Source: World Nuclear News
- Date: Saturday, 03 December 2022
- Original article: world-nuclear-news.org/Articles/Three-year-extension-agreed-to-Hinkley-Point-C-con
The UK is to invest GBP679 million (USD815 million) and become a 50% partner with EDF in the Sizewell C nuclear project. The money "allows for China General Nuclear's exit from the project, including buy-out costs, any tax due and commercial arrangements".
- Source: World Nuclear News
- Date: Wednesday, 30 November 2022
- Original article: world-nuclear-news.org/Articles/UK-government-takes-50-stake,-gives-go-ahead-for-S
The UK government has allocated GBP100 million (USD134 million) to continue the EDF-led development of the Sizewell C nuclear power plant project, with the aim of attracting further finance from private investors.
- Source: World Nuclear News
- Date: Friday, 28 January 2022
- Original article: world-nuclear-news.org/Articles/Sizewell-C-gets-financial-backing-from-UK-governme
EDF Energy, the UK arm of France’s state utility EDF, which is building two EPR units at the Somerset site, said the installation shows how building an identical copy of the first reactor drives efficiency and saves time. It said the ring, which is 47 metres in diameter and 17 metres high, was built 25% more quickly than the same part on Unit 1, requiring thousands of hours less labour to manufacture.
The company said this “replication effect” will benefit the proposed identical Sizewell C project in Suffolk. The government recently announced funding of £1.7bn in the Sizewell C nuclear power station project as it pushes to reach a final investment decision within three years and begin a programme of new-build that will replace the nation’s aging reactors. The government has also announced legislation to introduce a new financing model, known as the regulated asset base model, for new nuclear.
Big Carl is 250m tall and has a reach of about 270m. It moves on rail tracks and will eventually lift pieces weighing more than 1,000 tonnes. The ring was placed on 96 hydraulic jacks which lowered it into its exact position.
- Source: Nucnet
- Date: Wednesday, 17 November 2021
- Original article: nucnet.org/news/world-s-largest-crane-lifts-first-containment-ring-into-place-at-unit-2-11-2-2021
The UK government has announced up to GBP1.7 billion (USD2.3 billion) in funding for a large-scale nuclear power plant in its autumn budget and spending review. It said it is in "active negotiations" with EDF over the Sizewell C project in Suffolk. The announcement comes days after the government introduced legislation for funding future nuclear power stations in the UK.
- Source: World Nuclear News
- Date: Friday, 29 October 2021
- Original article: world-nuclear-news.org/Articles/UK-government-earmarks-funds-for-progressing-nucle
The UK government is in discussions regarding proposals for a new nuclear power plant at Wylfa on Anglesey, British Prime Minister Boris Johnson confirmed on 2 October in an interview with BBC Wales. He said previous governments in the country "have refused to take the tough decisions on nuclear for too long." Meanwhile, EDF Energy has called for the government to make prompt decisions regarding the Sizewell C project.
- Source: World Nuclear News
- Date: Tuesday, 05 October 2021
- Original article: world-nuclear-news.org/Articles/UK-needs-new-nuclear,-says-Prime-Minister
The defueling of the two plants, Hinkley Point B-1 and Hinkley Point B-2, will begin no later than July 2022, according to the French energy group.
The shutdown was scheduled for 2023, but cracks were discovered in the graphite core of the reactor. According to the International Atomic Energy Agency, Hinkley Point B-1 began commercial operation in October 1978 and Hinkley Point B-2 in September 1976.
Matt Sykes, the managing director of EDF Generation, said an inspection of Hinkley Point B’s graphite blocks revealed they were “in exactly the sort of condition” expected after 40 years of generating electricity. He said running a nuclear power plant this efficiently for over 40 years leads to changes in the reactors.
- Source: Nucnet
- Date: Saturday, 21 November 2020
- Original article: nucnet.org/news/edf-energy-announces-early-shutdown-of-two-units-at-hinkley-point-b-11-5-2020
The European Court of Justice on 22 September rejected Austria's appeal against the European Commission's (EC’s) 2014 decision to approve UK government aid for the construction of two EPR reactors at Hinkley Point C, in Somerset, England.
- Source: NEI Magazine
- Date: Friday, 25 September 2020
- Original article: neimagazine.com/news/newseu-court-of-justice-rejects-austrian-appeal-against-hinkley-point-c-8148318
UK-based Horizon Nuclear Power announced that it will cease its activities to develop nuclear new-build projects at Wylfa Newydd on Anglesey and at Oldbury on Severn in South Gloucestershire. This followed the decision by Horizon’s parent company, Japan’s Hitachi Ltd, it would end business operations on the UK NPP construction project, which was suspended in January 2019.
- Source: NEI Magazine
- Date: Friday, 18 September 2020
- Original article: neimagazine.com/news/newshorizon-to-cease-activities-on-uk-nuclear-projects-8136080