The only new nuclear power plant being built in Britain is due to cost up to £10 billion more than originally planned, and take three years longer, the company leading the development has disclosed.
EDF, the French state-controlled energy company, has said it is likely that Hinkley Point C in Somerset will not start generating power until 2030.
The delays means that the budget for the plants’ two reactors has now been set at between £31 billion and £35 billion, depending on when the plant is completed, up from a previous estimate of between £25 billion and £26 billion in the last EDF update in 2022.
However, these figures were all expressed in 2015 prices, excluding the impacts of inflation, which has pushed up the
