Sizewell C Power Station: Investment

(asked on 15th September 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 7 September 2023 to Question 195847 on Sizewell C Power Station: Construction, if she will issue a breakdown of all Sizewell C projects the Government has provided public investment for in financial year 2021-22; and what the Government's planned expenditure on Sizewell C in financial year 2022-2023 is.


Answered by
Andrew Bowie Portrait
Andrew Bowie
Shadow Minister (Energy Security and Net Zero)
This question was answered on 25th September 2023

For financial year 2021-22, an investment of £100m by EDF in the Sizewell C project in January 2022 was provided by the Government through the Combined Option Agreement. In the same financial year, the Government provided a further £0.24m of innovation funding in 2021/22 to Sizewell C, together with partner organisations, through Phase 1 of the Direct Air Capture and other Greenhouse Gas Removal technologies competition, part of the Government’s Net Zero Innovation Portfolio.

In the financial year 2022-23, the Government’s planned expenditure on developing the Sizewell C project is £860m, with a further £0.5m provided as part of Phase 2 of the Direct Air Capture and other Greenhouse Gas Removal technologies competition.

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