UK’s deal with private investors to build £38bn Sizewell C nuclear power plant: no-carbon energy

The French Energy Giant EDF that already is largely present on the UK’s energy market closed a deal with the UK Government to build a large new nuclear power station on the coast of Suffolk.

The project will be financed by taxes and energy bills, a longterm construction and reimbursement project under the UK’s Government patronage.

The BBC reports the ownership structure as follows:

It is further reported by the BBC that the initial project costs have almost doubles, no standing at GBP 38 billion with the prospect to further increase.

In Germany, in contrast, the Government still runs the no-nuclear no-carbon policy and has run down the last remaining nuclear power plants with no new ones planned to be built.  Germany risks an energy crisis as its policy is no-carbon and no-nuclear and has no sufficent alternative energies available. This will result in higher prices and less energy available, as this is clearly wanted by the German ideologists. The side-effect will not be a greener outcome, but a de-industrialised country with not enough energy. Germany is lost if this policy is realized , and shall better look at the UK and France for better politics.