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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
The UK government has made available a further £341m ($434m) of previously allocated funding for development work on the Sizewell C NPP project in Suffolk. “The extra money will help prepare the site for construction, procuring key components from the project’s supply chain, and expanding its workforce,” the statement said.
- Source: NEI Magazine
- Date: Friday, 01 September 2023
- Original article: neimagazine.com/news/newsmore-funding-for-sizewell-c-11112441
The UK government has made available a further GBP341 million (USD434 million) of previously allocated funding for development work on the Sizewell C nuclear power plant project in Suffolk, England. It said the extra money will help prepare the site for construction, procuring key components from the project's supply chain, and expanding its workforce.
- Source: World Nuclear News
- Date: Thursday, 31 August 2023
- Original article: world-nuclear-news.org/Articles/More-funding-for-Sizewell-C-preparations
The UK Department for Energy Security & Net Zero (DESNZ) has announced measures to speed up preparations for construction of the Sizewell C NPP following the launch of Great British Nuclear (GBN) to oversee a rapid expansion of nuclear power. In April the Government set a target of 24 GWe of nuclear capacity by 2050, meeting about 25% of the UK's projected electricity demand. This compares with about 6.5 GW of nuclear capacity today accounting for some 15% of its electricity. DESNZ says Sizewell C would also boost the UK’s energy security.
- Source: NEI Magazine
- Date: Friday, 28 July 2023
- Original article: neimagazine.com/news/newsuk-seeks-to-accelerate-preparations-for-sizewell-c-construction-11032463
UK government ministers have announced the release of GBP170 million (USD218 million) funding to take forward development work to prepare the Sizewell C site "for future construction, procure key components from the project’s supply chain, and expand its workforce".
- Source: World Nuclear News
- Date: Wednesday, 26 July 2023
- Original article: world-nuclear-news.org/Articles/UK-funding-seeks-to-speed-up-Sizewell-C-developmen
Électricité de France (EDF) says the construction cost of the UK’s Hinkley Point C NPP set to further increase to £32bn ($38.5bn). EDF revised its cost estimate in a presentation published alongside its annual results. In May, EDF raised the price for the two EPR reactors being built at Hinkley Point to £25-26bn. The plant was scheduled to begin operation in June 2027, but an additional delay of around 15 months is now possible, EDF warned.
- Source: NEI Magazine
- Date: Wednesday, 22 February 2023
- Original article: neimagazine.com/news/newsedf-increases-cost-estimates-for-hinkley-point-c-10612738
The RPV is the high strength steel cylinder that contains the nuclear fuel and the chain reaction needed to make heat. The heat is used to create high pressure steam for the world’s largest turbines. EDF Energy said teams have spent 80,000 engineering hours on its construction.
At 13m long and weighing in at 500 tonnes, each of two RPVs at Hinkley Point C will help power around three million British homes. The plants are designed to run continuously for 18 months at a time between refuelling.
The RPV has been built by France by Framatome, the same nuclear engineering company which built Britain’s last nuclear reactor, at Sizewell B in 1991. Since it went into operation in 1995, that reactor has provided 247 TWh of electricity, enough to power every home in Britain for two-and-a-half years.
- Source: Nucnet
- Date: Tuesday, 20 December 2022
- Original article: nucnet.org/news/first-reactor-pressure-vessel-complete-and-ready-for-delivery-12-5-2022
The early framework agreement Framatome has signed with Nuclear New Build Generation (SZC) Ltd (NNB SZC) - which is owned by EDF and the UK government - covers early engineering and procurement activities, among other things.
- Source: World Nuclear News
- Date: Saturday, 10 December 2022
- Original article: world-nuclear-news.org/Articles/Framatome-signs-preliminary-contract-for-Sizewell
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