Overview
- The government has allocated £14.2bn to Sizewell C but the project still lacks full funding and a final investment decision
- Officials project 10,000 construction jobs, 1,500 apprenticeships and enough clean electricity to power six million homes
- Initial cost estimates start at £20bn, though experts and campaigners warn final expenses could top £40bn and drive up consumer bills
- EDF has begun preparatory work and secured about £330m in local contracts, but private investors are still being courted
- The funding package also backs small modular reactor development and invests £2.5bn in fusion research to support net zero goals