Overview

• The government will inject £14.2 billion into the EDF-led Sizewell C project, adding to its existing contributions.
• Sizewell C’s two EPR reactors are estimated to cost between £20 billion and £30 billion, with first power output not anticipated before 2035.
• Westminster has held a 50% stake in the Suffolk plant since November 2022, making it the majority investor in the scheme.
• Rolls-Royce has been chosen to build Britain’s first small modular reactors under a £2.5 billion development programme.
• Ministers have earmarked a further £2.5 billion for nuclear fusion research to broaden the country’s low-carbon energy mix.