Sizewell B nuclear power station in Suffolk. Simone Rossi, EDF Energy’s UK boss, said that a new Sizewell nuclear plant should be a fifth cheaper to build than Hinkley Point in Somerset SUZANNE PLUNKETT/REUTERSEDF has threatened to abandon work on a proposed nuclear plant in Suffolk unless it receives assurances from the government this year that a viable funding model exists. Simone Rossi, EDF Energy’s UK chief executive, said that rapid progress was needed on the development of the sister project to its £19.6 billion Hinkley Point C plant in Somerset because promised cost savings would not materialise if there was a significant delay between work on the two. Mr Rossi’s comments will worry the government because new nuclear power stations are a core part of its vision for Britain’s sources of energy in the future, with existing ageing reactors being shut down. Hinkley Point C is Britain’s first new nuclear project in a generation and is due…

Source: The Times April 03, 2018 22:41 UTC