British Hinkley Point Nuclear Plant Delayed With Higher Costs
- First reactor will start producing power in June 2026
- Cost will be 500 million pounds more than previously planned
The project completion cost at Hinkley Point C is now estimated at 22 billion to 23 billion pounds.
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
Electricite de France SA said the completion of its flagship British nuclear plant project will be delayed at least six months and cost about 500 million pounds ($687 million) more than previously planned because of the coronavirus pandemic.
While the delay announced Wednesday is short at this stage, it’s likely to revive controversy about how expensive the technology is and whether further holdups are inevitable. EDF is already struggling to finish a French reactor more than a decade behind schedule.