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Sizewell C Power Station

Asked by Wera HobhouseLiberal DemocratDepartment for Energy Security and Net ZeroTabled Answered 18 September 2024UIN 5090

The question

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential implications for public expenditure of the provision of a further £5.5 billion for additional development support for the proposed new nuclear power plant Sizewell C in (a) the current fiscal year and (b) each of the next four fiscal years.

Answered by Michael Shanks

While working towards a final investment decision on Sizewell C, we have established a new subsidy scheme of up to £5.5 billion to ensure the government can provide the project with the necessary financial support to remain on track. Decisions about providing investment and support under the scheme will be made in due course and will be subject to the relevant government approval processes, including where appropriate the upcoming Spending Review.

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