£100 million for a new nuclear plant
The government has today announced £100 million in funding to back plans to build a new nuclear power plant in the UK, strengthening our energy independence and creating high-quality jobs.
- In light of high global gas prices, we need to ensure Britain’s future energy supply is bolstered by reliable, affordable, low carbon power that is generated in this country.
- So I am very pleased to see that the government has announced £100 million in funding to back the development of the Sizewell C nuclear power plant and strengthen investor confidence in the project, which will produce enough energy to power 6 million homes and support up to 10,000 jobs across the UK.
- important part of our plans to lower energy prices, and strengthen our energy independence, but will also create high-quality jobs and drive economic growth.
- Britain needs a balanced energy policy in which new nuclear is part of the mix.