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UK households will fund $1.32 billion in annual subsidies for Hinkley Point C and Sizewell C nuclear projects, with charges starting as early as January 2026, officials said.
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UK Nuclear Projects Set to Add $1.3 Billion a Year to Power Bills
Subsidies and Contracts for Difference (CfD) that the UK government has promised to the two projects for new nuclear power stations are expected to add $1.32 billion (£1 billion) annually to the UK power bills from around 2030, The Telegraph reports, citing documents by the Treasury and the Office for Budget Responsibility (OBR). The Hinkley Point C nuclear power station, developed by EDF, is expected to begin generating electricity in 2030-31…
·London, United Kingdom
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Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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