UK Allocates Up to £5.5bn for Sizewell C Nuclear Plant Subsidy
Funding aims to support development and secure final investment decision for the energy project.
- The subsidy scheme provides up to £5.5 billion for development expenses at Sizewell C in Suffolk.
- The UK government has already invested £2.5 billion in the project.
- Sizewell C, if completed, would generate power for approximately six million homes.
- Opponents argue the project is financially wasteful and environmentally harmful.
- A final investment decision is expected by the end of the year.