Sizewell C Power Station: Costs

(asked on 29th November 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what is the (1) lowest, and (2) highest, expected cost of power per kWh from Sizewell C, based on the assumptions in their impact assessment.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 13th December 2021

The Impact Assessment published alongside the Nuclear Energy (Financing) Bill sets out the illustrative costs of building and financing a generic new nuclear power plant using a Regulated Asset Base (RAB) model.

Negotiations on the Sizewell C project are ongoing. These will determine its overall cost and value for money. No decisions have yet been made, but discussions to date have been constructive.

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