Power Project
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About Power Project
China poses threat to UK way of life, says Rishi Sunak
... The government also pointed to the fact that the government from the UK s 5G telecoms network, and took ownership of the stake in the Sizewell C nuclear Power Project previously held by the Chinese state-owned company CGN...
Joshimath: The horrors of life in India's sinking Himalayan town
... A number of hydroelectric Power Projects are also being built around the town...
Sizewell C nuclear power plant backed by government
... It said the move was the first direct government investment in a new nuclear Power Project since Sizewell B, the last nuclear power station to be built in the UK, was approved for construction in 1987...
Sizewell C nuclear power plant backed by government
A new £20bn Nuclear Power plant would help Britain move towards " greater energy independence" The Business secretary said as he backed The plans.
Grant Shapps visited The Suffolk coast to mark The signing of contracts with French energy firm EDF for £700m of government investment in Sizewell C.
He Said ministers were also committed to developing other new nuclear projects and The Energy Security Bill.
Critics said there was a " huge amount" of money still to find for The Project .
The two-reactor plant, claimed to generate 7% of The UK's electricity needs, was, when Boris Johnson was Prime Minister .
It had been rumoured to be under review, which, And Then in The Autumn Statement, The .
The Business and energy secretary said with global gas prices at " record highs" caused by Russia's, The Nation needed " British Energy for British homes".
" Today's historic deal giving government backing to Sizewell C's development is crucial to this, moving us towards greater energy independence and away from The risks That a reliance on volatile global energy markets for our supply comes with.
" This is at The Heart of a package of measures That - Together with The new Great British Nuclear and powers of The - will ensure secure supply for now and for generations to come, " Mr Shapps said.
Under The Deal , The government would become a 50% shareholder in The Project 's development with EDF.
It said The Move was The First Direct government investment in a new nuclear Power Project since Sizewell B, The Last nuclear Power Station to be built in The UK, was approved for construction in 1987.
Sizewell C would be built next to Sizewell B.
Campaign group Stop Sizewell C said The Project could " neither lower energy bills nor give The UK energy independence".
" Despite The government's paltry £700m, there is still a huge amount of money to find, and No One is prepared to Come Clean about what The ultimate cost will be, " it said.
" Sizewell C may have to rely on overseas investors who would pocket UK households' hard-earned cash. With a French developer, overseas owners and foreign uranium fuel, The Claim of energy 'freedom' looks pretty hollow. "
Source of news: bbc.com
