Energy secretary Grant Shapps is promising an expansion of nuclear power at 'unprecedented' pace.
in the development costs of the Sizewell C project, which is being led by French energy company EDF.
"It has the big advantage of being a replica of Hinkley Point, so we'll see that replicated at Sizewell and that will help with the speed of development," said Mr Shapps.Grant Shapps visited the existing Sizewell A and B plants last year to mark the signing of contracts for government investment in Sizewell C
Julia Pyke, from EDF, said it would be part of a "transformation in British nuclear construction... and form a vital part of the future nuclear fleet".The government has taken a £679m stake in the development costs of the project, which will be funded through a surcharge on energy bills. Once that was completed, construction would begin with the official cost of that estimated at £20bn, although a lot of people familiar with the scheme expect it to rise to £25-£30bn.
The government was hoping EDF and other private finance would pay for the construction, and ministers were confident the scheme could be delivered.Alison Downes, from the Stop Sizewell C group, said: "No vote of confidence can help Sizewell C unless it has a big fat cheque attached."
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