Hinkley Point C nuclear plant £2.9bn over budget

Energy & Low Carbon Industry | Latest News | Property & Construction | South West
Hinkley Point C

French energy company EDF has today revealed that Hinkley Point C nuclear power station is currently running at a cost of £2.9bn over budget.

This means that the project is now set to cost a total of around £22.5bn once completed. EDF also announced that there would likely be a delay of 15 months on the project.

EDF previously rose the estimate back in 2017 by £1.5bn, and this follows other major projects facing issues in the UK – most notably HS2.

The cross-country high-speed railway saw its costs rise from £62bn, to £81bn, and then last week to £88bn.

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