UK's Hinkley Point C new nuclear plant delayed to 2030 as costs climb to €56 billion*, i.e. €17,500 per kW
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UK's Hinkley Point C new nuclear plant delayed to 2030 as costs climb to €56 billion*, i.e. €17,500 per kW.
EDF said the first reactor at the site in Somerset will begin operations in 2030, a year later than in the last update – almost 13 years after construction work began – after a series of delays to the project.
https://www.theguardian.com/uk-news/2026/feb/20/hinkley-point-c-delayed-to-2030-as-costs-climb-to-35bn?CMP=Share_AndroidApp_Other
*) £35 bn in 2015 prices = £49 bn now = €56 bn -
UK's Hinkley Point C new nuclear plant delayed to 2030 as costs climb to €56 billion*, i.e. €17,500 per kW.
EDF said the first reactor at the site in Somerset will begin operations in 2030, a year later than in the last update – almost 13 years after construction work began – after a series of delays to the project.
https://www.theguardian.com/uk-news/2026/feb/20/hinkley-point-c-delayed-to-2030-as-costs-climb-to-35bn?CMP=Share_AndroidApp_Other
*) £35 bn in 2015 prices = £49 bn now = €56 bnCosts of Hinkley Point C could have been even higher if not for EDF charging £1.6 billion to the parallel Sizewell C nuclear project for sharing expertise gained from Hinkley, helping to mitigate similar issues and delays.
https://www.bitget.com/news/detail/12560605210256 -
Costs of Hinkley Point C could have been even higher if not for EDF charging £1.6 billion to the parallel Sizewell C nuclear project for sharing expertise gained from Hinkley, helping to mitigate similar issues and delays.
https://www.bitget.com/news/detail/12560605210256So the real actual estimate of Hinkley Point C investment cost is €58 billion. That's €18,000 per kW.
Two of those for the Netherlands (the equivalent of the four new nuclear power plants considered of 1.6 GW each) would then require €115 billion, to be put up by a new state-owned energy company.
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So the real actual estimate of Hinkley Point C investment cost is €58 billion. That's €18,000 per kW.
Two of those for the Netherlands (the equivalent of the four new nuclear power plants considered of 1.6 GW each) would then require €115 billion, to be put up by a new state-owned energy company.
And on that new delay, what's a year in this project?
In 2007, EDF Energy CEO Mr de Rivaz predicted that UK citizens would be cooking their Christmas turkeys with power from Hinkley by 2017.
https://www.constructionnews.co.uk/peoplemoves/edf-energy-chief-executive-to-leave-this-year-14-06-2017/ -
And on that new delay, what's a year in this project?
In 2007, EDF Energy CEO Mr de Rivaz predicted that UK citizens would be cooking their Christmas turkeys with power from Hinkley by 2017.
https://www.constructionnews.co.uk/peoplemoves/edf-energy-chief-executive-to-leave-this-year-14-06-2017/Just last year, our Minister of Climate and Green Growth informed parliament that the equivalent of Hinkley Point C in the Netherlands (2 * 1.6 GW, same supplier envisioned) would cost €30 billion. That'd be a reduction by 48% then, which seems improbable, even if she left out construction interest.
https://www.hln.be/milieu/nieuwe-kerncentrales-in-nederland-kosten-minstens-20-miljard-euro-veel-meer-dan-begroot~affc333a/ -
Just last year, our Minister of Climate and Green Growth informed parliament that the equivalent of Hinkley Point C in the Netherlands (2 * 1.6 GW, same supplier envisioned) would cost €30 billion. That'd be a reduction by 48% then, which seems improbable, even if she left out construction interest.
https://www.hln.be/milieu/nieuwe-kerncentrales-in-nederland-kosten-minstens-20-miljard-euro-veel-meer-dan-begroot~affc333a/@Sustainable2050
Imagine what you could do for grid, wind and batteries with €30 billion... -
@Sustainable2050
Imagine what you could do for grid, wind and batteries with €30 billion...Or investment in actually reducing energy needs – eg. retrofitting home insulation.
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