Bill for new Hinkley Point nuclear power station hits £20 billion…and may go even higher after warning project may be delayed by 15 months
‘The projected bill for building the new nuclear power station at Hinkley Point has soared to almost £20billion and could rise further.
Following a review by its senior executives, energy giant EDF said the cost of the controversial project in Somerset has risen by £1.5 billion to £19.6billion.
The French state controlled firm also warned the project could be delayed for up to 15 months.
This would result in an another £700million in costs, meaning the bill would smash through the £20billion barrier.
It would also mean Hinkley Point C would not start delivering power to the national grid until 2027 – a decade after the first start date proposed by EDF.’
Read more: Bill for new Hinkley Point nuclear power station hits £20 billion…and may go even higher after warning project may be delayed by 15 months
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