On 23 January, EDF updated on the schedule and estimated cost for Hinkley Point C. Such updates are always bound to generate interest. But they also need to be seen in the wider context of the challenges facing all large, complex projects of this nature. EDF’s update explains more. Hinkley Point C is an important and complex project, the first of its kind since 1995 – and it won’t be without its complications along the way.
Costs
Inflation and rising construction costs have played their part – and this cost increase won’t be passed onto the UK taxpayer. In the long term, Hinkley Point C and Sizewell C will still save people money, whilst also improving energy security and helping to deliver a greener energy future.
Timeline
The pandemic accounts for a great proportion of the delay to the project. Building and repeating is always easier than doing something for the first time. The second unit at Hinkley is being built 20-30% faster than the first. What is more, the design and infrastructure of Hinkley Point C can be used as a blueprint for new nuclear projects to come, as part of the Civil nuclear: Roadmap to 2050.
A sustainable future
Nuclear is going to be pivotal for a greener and more secure energy future. With many significant construction milestones achieved on site last year, including the dome being lifted onto the first reactor building, Hinkley Point C construction continues to progress.
We remain proud to be part of the South West nuclear industry, championing the region as the home of the only live nuclear new build.
We look forward to seeing the project progress this year, as we move into the installation of equipment stage.