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Very good news at 44 billion euros for EDF which signs the construction of a second EPR in the United Kingdom

However,

Very good news 44 billion new: Moreover. Moreover,

Very good news 44 billion:

The great nuclear bond of the United Kingdom with the Sizewell C.

It’s signed! Nevertheless. Moreover, The United Kingdom has just given the final green light to the construction of the Sizewell C nuclear power plant. However, a titanic project estimated at 38 billion pounds or around 44 billion euros. However, This decision. Meanwhile. Furthermore, acted on July 22, 2025 by the Minister of Energy Ed Miliband, engages the country in a new stage in its energy history and is excellent news for our national champion: EDF.

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A casting of public-private investors highly studied for one of the largest projects in the world: Sizewell. Moreover, C – Very good news 44 billion – Very good news 44 billion new

Behind the scenes of the project. In addition, the British government immediately took 44.9 % of the shares, thus becoming the very good news 44 billion new main shareholder. For example, The Canadian Company The Caisse enters 20 %, followed by Centrica (15 %) very good news 44 billion and Amber Infrastructure (7.6 %, with an option at 10 %). Moreover, On the French side, EDF cautiously on 12.5 %.

To balance this financial assembly. Nevertheless. Consequently, the French agency Bpifrance Export insurance is getting its hands in the pocket with a borrowing guarantee of 5 billion pounds (around 5.8 billion euros), supporting EDF loans. Meanwhile, A signal of trust in the project’s ability to keep its promises, at least on paper.

France believes in the chances of this company which wants to develop the first nuclear reactor in. the world which consumes more waste than it produces

Nuclear funded by consumers. Consequently. from the first pick – Very good news 44 billion – Very good news 44 billion new

Great novelty: the funding is based on the “regulated asset base” very good news 44 billion new model, which implies that users will start paying for the power station from the construction phase. Forget the old system, where the developers had to advance all costs before receiving the slightest penny. Here, it is the shared slate that comes into force.

According to estimates, this will amount to around 1 book per month and per household for the duration of the work. A modest puncture, certainly, but anticipated and therefore better integrated into the budgets of households.

Two EPRs for six million households. sixty very good news 44 billion years of service – Very good news 44 billion new

Sizewell C will host two EPR reactors, for a combined power of 3.2 gigawatts. In theory, this will supply six million British households with low carbon electricity for at least 60 years.

This is the technological twin of Hinkley Point C, under construction in Somerset. The idea? Capitalize on the lessons learned to go faster. reduce very good news 44 billion new costs, and avoid the repeated delays that the sector is experiencing too well.

Moreover, the announced invoice of 38 billion pounds represents about 20 % savings compared to Hinkley Point C. An assumed rationalization effort. which relies on tight negotiations with suppliers, external audits and an almost surgical methodology in the estimation of expenses.

A strategic investment in the British economy

One of the interests of Sizewell C exceeds energy production: it is. also an investment in national industry. Tom Greatrex. president of the British nuclear association. does not hide his very good news 44 billion enthusiasm: “It is the biggest green and industrial project of our time.”

The expected impact is triple:

  • Thousands of qualified jobs. especially in industrial decline regions.
  • A reduction in dependence on gas imports, especially in times of international tensions,
  • A stable energy base to support the country’s electric transition, from vehicles to very good news 44 billion new heat pumps.

Risks identified, a still fragile calendar

Despite the official enthusiasm, project managers remain on their guard. Nigel Cann, co-director of Sizewell C, recalls that any infrastructure of this magnitude has vagaries. Delays, shortages, price increases: no one is safe.

To limit the damage, the supply chain has been contractually encouraged to control costs. If the deadlines slip, investors will lose part of their income. An intelligent safeguard, supposed to avoid well-known drifts in the nuclear sector.

The next step: finalizing the economic license of Sizewell C. which will then allow to enter the so very good news 44 billion -called “Revenue beginning” phase. This milestone. scheduled for the fourth quarter of 2025, will definitively unlock financial flows and will launch the work on a large scale.

A replica that could relaunch the European nuclear sector

Beyond the British borders. Sizewell C is carefully observed by other European very good news 44 billion new countries. This is the first time that the United Kingdom has valid a central clone, based on a proven design. Clearly: a reactor already under construction, adapted without technical upheavals.

This principle of “Fleet Approach” – Building in series rather than reinventing everything – would accelerate construction sites. make budget forecasts fell and reduce pressure on engineering teams. An inspiring model for countries like France or Finland, where each center is still designed as a unique piece.

Europe. which seeks to catch up on solar. wind from China, could well see in this approach a means of restoring nuclear a strategic very good news 44 billion place in the energy mix.

France opens the way to a new market in Eastern Europe to replace its aging park of. nuclear power plants with SMR

EPRs already built. in the world in the world

very good news 44 billion new

very good news 44 billion

Pays Site Status Number of reactors Total power (GW) Estimated cost (in euros) Commissioning
Chine Taishan In Service 2 3. 3 15 billion 2018 (Unit 1), 2019 (Unit 2)
France Flamanville Under construction (finished) 1 1,6 13.2 billion 2024 (tests). 2025 (commercial feat)
United Kingdom Hinkley Point C Under construction 2 3. Additionally, 2 53 billion 2029 (unit 1), 2031 (unit 2)
United Kingdom Sizewell C Final investment decision 2 3,2 44 billion Work from 2025, commissioning after 2035
Inde Jaitapur In project (final negotiations) 6 9,6 ≈ 50 billion Undefined
Finland Olkiluoto 3 In Service 1 1,6 11 billion 2023

Source : EDF Energy

Image: Aerial photography of the 2014 Sizewell B nuclear power plant (John Fielding)

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briar.mckenzie
briar.mckenzie
Briar’s Seattle climate-tech dispatches blend spreadsheet graphs with haiku about rain.
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