UK Approves $51 Billion Nuclear Plant

Sizewell C will be the UK’s second new nuclear plant in more than 20 years, following Hinkley Point C, which is still under construction.

EDF Energy's Sizewell B nuclear power station, in Sizewell, England, on Sept. 1, 2022. Chris Radburn/AFP via Getty Images

The UK government gave the final go-ahead on Monday for the Sizewell C nuclear power plant to be built in eastern England after securing investment from Canadian pension fund La Caisse, Centrica, and Amber Infrastructure.

Sizewell C in Suffolk will be the UK’s second new nuclear plant in more than two decades, following the government’s 2013 deal with EDF to build Hinkley Point C in Somerset, which is now expected to come online in 2029 after years of delays and cost overruns.