Why Is Hinkley Point C So Expensive?
While There Are Increasing Risks of a Delay, the Firm Says It Is Still on Schedule for Hinkley to Generate Power in 2025. Meanwhile, It Says the Cost Increases...
While there are increasing risks of a delay, the firm says it is still on schedule for Hinkley to generate power in 2025. Meanwhile, it says the cost increases are due, primarily, to unforeseeably difficult ground conditions rather than design or build problems.
How much does it cost to build Hinkley Point C?
The project completion cost at Hinkley Point C is now estimated at 22 billion to 23 billion pounds, half a billion more than estimated in 2019, EDF said in a statement Wednesday.
How much is Hinkley Point over budget?
The cost of Hinkley Point C nuclear power station has risen by around £500M and its start date pushed back to June 2026 due to delays arising from the Covid-19 pandemic. EDF said it expected the Somerset project to cost up to £23bn compared with a 2019 estimate of a £22.5bn maximum.
Sarah Jenkins is a veteran tech journalist with over 12 years of experience covering artificial intelligence, mobile innovations, and digital ethics. Her insights have appeared in leading technology publications worldwide.
