French energy company EDF has issued a stark warning to the UK government, urging ministers to accelerate critical decisions on the £20bn Sizewell C nuclear project to avoid further delays and spiralling costs.
The firm has called for swift action on planning approvals and funding arrangements, emphasising that the nuclear plant is vital for Britain's energy security and net-zero ambitions.
Political Pressure Mounts
Shadow Chancellor Rachel Reeves has backed the project, stating Labour would fast-track Sizewell C if elected. Meanwhile, Energy Secretary Ed Miliband faces growing pressure to clarify the government's position on nuclear energy.
Economic Stakes High
With construction costs already rising due to inflation, EDF warns that further delays could make the project financially unviable. The plant is expected to create thousands of jobs and provide low-carbon electricity for six million homes.
Key Challenges:
- Final investment decision pending
- Planning consents still required
- Funding model under negotiation
- Supply chain pressures
Industry experts suggest the government must choose between committing substantial public funds or finding alternative financing solutions to keep the project on track.
