UK Sizewell C Nuclear Power Station Financing Finalized, Project Worth Over £26 Billion to Supply Power for 60 Years
The Sizewell C nuclear power station project in the UK has completed its final financing arrangements, marking the official entry into the definitive construction phase of this large-scale nuclear project with a total investment target of approximately £38 billion, equivalent to around RMB 261 billion. Located on the Suffolk coast of England, the project will feature two EPR Generation III pressurised water reactor units, with a total installed capacity of approximately 3.2 gigawatts and a design operational lifespan expected to reach 60 years. This project holds significant importance for the UK's energy system. In recent years, the UK has faced the dual pressures of accelerating the phase-out of ageing fossil fuel infrastructure on one hand, and managing the variability of renewable energy and growing electricity demand on the other. Once completed, Sizewell C will provide long...
2026-08-10
