hinkley
Latest
Mammoth UK nuclear plant receives final government thumbs-up
Eight years after it was first proposed, the UK government today gave the final go-ahead for Hinkley Point C, a new nuclear power plant to be built in Somerset. The two-reactor site is expected to become operational in 2025, at which point the majority of live nuclear power stations in the UK will be decommissioned, or only a few years away from the same fate. Point C is slated to generate 3,200 megawatts -- roughly 7 percent of the UK's total consumption and well over double the output of any currently operational site. The first new nuclear plant to be built in the UK in decades, it'll also be one of the priciest projects the world has even seen, with conservative estimates putting construction costs alone at £18 billion.
