Financial24.co.uk
Financial and Business News

- Advertisement -

- Advertisement -

- Advertisement -

Hinkley Point C costs may rise by £500m on back of Covid crisis

66

Opening of UK nuclear power plant could be delayed by six months

The Covid-19 pandemic could delay construction of the Hinkley Point C nuclear reactor by six months and raise its costs by £500m, according to its developer.

The fresh delays are expected to take the cost of the UK’s first new nuclear power plant in a generation to £23bn, EDF Energy said, and put back its launch to the summer of 2026.

Continue reading…

Leave A Reply

Your email address will not be published.