Sizewell C secures 14.2bn state boost - but energy savings won't come for a decade
Briefly

The UK government has pledged £14.2 billion to support the Sizewell C nuclear power plant project on the Suffolk coast, aiming to enhance energy security and reduce household bills. Prime Minister Starmer emphasizes this strategy as critical for energy independence, although benefits won't be seen until the mid-2030s. The project faces scrutiny over costs and environmental impact, with total expenses potentially ranging between £20 billion and £40 billion. Nonetheless, it is projected to create thousands of jobs and power millions of homes for decades.
The UK government has committed £14.2 billion to the Sizewell C nuclear power plant on the Suffolk coast, part of a long-term strategy to boost energy security and cut household bills.
Prime Minister Sir Keir Starmer described the development as a crucial move towards energy independence and a way to shield Britain from future global energy shocks.
While the government insists that the project will 'bring down bills for millions,' Energy Secretary Ed Miliband confirmed that the plant is not expected to begin generating power until the mid-2030s.
Sizewell C is expected to create 10,000 jobs during construction and 900 permanent roles once operational.
Read at Business Matters
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