UK to set up new nuclear power plant with government support

In an effort to The UK is energy independent and to achieve carbon neutrality, The government is supporting the construction of a new nuclear power plant. British Prime Minister Boris Johnson, declared This Thursday, September 1, A fund of about 810 million euros For Sizewell C Nuclear Power Plant.

The total cost of the project is expected to be between 23 billion and 35 billion eurosMuch of this will be financed by the private sector. The UK government will have a 20% stakeLusa says, quoting the international press.

The Sizewell C nuclear power plant will have two 3.2 GW EPR reactors and will be operated by a French company EDF.

According to ReutersThe plant will start producing power only in the mid-2030sAll investors are yet to be identified and construction of Sizewell C is expected to take around ten years to complete.

The country is focusing on nuclear energy development, it emits no greenhouse gases and its 15 existing reactors are nearing the end of their expected lives and lifetimes. like that, In the UK, eight new nuclear reactors will supply 25% of electricity demand by 2050Refers to Lusa.

The EU considers nuclear energy a sustainable source

The race against nuclear power has drawn criticism, specifically by Greenpeace, Reuters reported. The environmental group hopes the money to fund the new plant could be used to insulate homes and reduce energy bills for millions of people in the UK.