EDF raises price projection for Hinkley Point C by £3bn

EDF has raised its price projection for Hinkley Point C by another £3 billion and delayed the start date for generation at the nuclear power station in Somerset by another year. It now expects the 3.2GW plant to cost between £25 billion and £26 billion to build and the first reactor to being generating power in June 2027, assuming there are no new waves of the coronavirus pandemic or additional effects from the war in Ukraine.

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