The Scottish National Party has raised concerns over the UK’s Hinkley Point C nuclear project.
The party is concerned about delays and increasing costs at the Flamanville project in France. The French and UK projects are both being developed by EDF Energy. Hinkley Point C is eligible for subsidies around £17 billion ($27.8 billion) over a 35-year contract. Consumer-funded payments could reach £35 billion ($54.5 billion) for the duration of the contract.
The European Commission said that Hinkley would increase consumer bills.
“The financial crises surrounding the future of the Hinkley Point C nuclear plant demonstrates yet again the folly of the UK government’s decision to spend huge amounts of public money to subsidise new nuclear power stations,” said Callum McCaig MP, spokesperson for SNG’s Energy and Climate Change. He went on to say that diverting money from renewables to new nuclear is also damaging the renewable energy sector.
Subscribe to Nuclear Power International magazine