A major nuclear plant that Britain’s government hopes will generate affordable, low-carbon energy could cost up to 46 billion pounds, or $59 billion, and the completion date could be delayed to after 2029.
The U.K. government says nuclear projects like the Hinkley Point C plant are a key part of its plans to ensure greater energy independence and achieve its “net zero” by 2050 strategy.
Officials had previously said that the Hinkley plant would start producing electricity in 2027, but the completion date has now been pushed back to 2029 at the earliest.
“Like other infrastructure projects, we have found civil construction slower than we hoped and faced inflation, labor and material shortages — on top of Covid and Brexit disruption,” said Stuart Crooks, managing director of Hinkley Point C.
The Conservative government is investing heavily in nuclear power, with ambitions to generate up to a quarter of the country’s projected electricity demand by 2050.
Critics, including the U.K. government’s own climate advisers, say the U.K.'s support for new domestic oil and gas production and its slow pace in transitioning to green energy were undermining its “net zero” pledges.
Authorities have promised to reduce emissions by 68% by 2030, eventually reaching net-zero — or releasing only as much greenhouse gas as can be absorbed again through natural or technological means — by 2050.
The original article contains 374 words, the summary contains 190 words. Saved 49%. I’m a bot and I’m open source!
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The U.K. government says nuclear projects like the Hinkley Point C plant are a key part of its plans to ensure greater energy independence and achieve its “net zero” by 2050 strategy.
Officials had previously said that the Hinkley plant would start producing electricity in 2027, but the completion date has now been pushed back to 2029 at the earliest.
“Like other infrastructure projects, we have found civil construction slower than we hoped and faced inflation, labor and material shortages — on top of Covid and Brexit disruption,” said Stuart Crooks, managing director of Hinkley Point C.
The Conservative government is investing heavily in nuclear power, with ambitions to generate up to a quarter of the country’s projected electricity demand by 2050.
Critics, including the U.K. government’s own climate advisers, say the U.K.'s support for new domestic oil and gas production and its slow pace in transitioning to green energy were undermining its “net zero” pledges.
Authorities have promised to reduce emissions by 68% by 2030, eventually reaching net-zero — or releasing only as much greenhouse gas as can be absorbed again through natural or technological means — by 2050.
The original article contains 374 words, the summary contains 190 words. Saved 49%. I’m a bot and I’m open source!