Hinkley Point C nuclear power station (HPC) is a two-unit, 3,200MWe EPR nuclear power station under construction in Somerset, England.[4]
The site was one of eight announced by the British government in 2010,[5] and in November 2012 a nuclear site license was granted.[6] On 28 July 2016, the EDF board approved the project,[7][importance?] and on 15 September 2016 the UK government approved the project with some safeguards for the investment.[8] The project is financed by EDF Energy and China General Nuclear Power Group (CGN).[9]
Since construction began in March 2017, the project has been subject to several delays, including some caused by the COVID-19 pandemic,[10] and this has resulted in significant budget overruns. As of May 2022[update], the project was two years late and the expected cost stood at £25–26billion,[11] 50% more than the original budget from 2016. In February 2023, EDF announced that costs would rise to £32.7bn in 2023 prices and operation would be delayed by a further 15 months to September 2028.[12][13] In January 2024, EDF announced that it estimated that the final cost could rise up to £46 billion in 2024 prices and be delayed by up to three years.[14]
^"Work starts on Hinkley Point C - new pictures reveal epic scale of project". Bristol Post. March 2017.
^ abDalton, David (24 January 2024). "Hinkley Point C / UK Nuclear Station Could Be Delayed To 2031 And Cost Up Top £46 Billion, Says EDF". Nucnet.
^Case M.7850 - EDF / CGN / NNB GROUP OF COMPANIES (PDF) (Report). European Commission. 10 March 2016. p. 3. Retrieved 28 August 2022.
^"Government closes 'historic' deal to build first nuclear plant in a generation". ITV News. 21 October 2013. Archived from the original on 31 December 2013. Retrieved 31 December 2013.
^"Nuclear power: Eight sites identified for future plants". BBC News. 18 October 2010. Archived from the original on 19 October 2010. Retrieved 18 October 2010.
^Cite error: The named reference bbc261112 was invoked but never defined (see the help page).
^Cite error: The named reference guardian-20160728 was invoked but never defined (see the help page).
^Cite error: The named reference govuk-20160915 was invoked but never defined (see the help page).
^"Hinkley Point nuclear agreement reached". BBC News. 21 October 2015. Archived from the original on 21 October 2015. Retrieved 21 October 2015.
^"Hinkley Point C delayed by a year as cost goes up by £3bn". BBC News. 20 May 2022.
^"Hinkley Point C delayed by a year as cost goes up by £3bn". BBC News. 21 May 2022.
^"EDF faces shouldering more of soaring bill for Hinkley Point". Financial Times. 17 February 2023. Retrieved 18 February 2023.
^"EDF Says Price Tag of UK Nuclear Power Plant Soars on Inflation". Bloomberg. 18 February 2023. Retrieved 18 February 2023.
^Cite error: The named reference bbc-20240124 was invoked but never defined (see the help page).
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