Sizewell C is a Net-Zero investment

Sizewell C: Investor opportunity

Backed by the right funding model, with the right political support, and the right Environmental, Social and Governance (ESG) commitments, Sizewell C will deliver for investors and for British households.

  • 2.6k
    Suffolk construction jobs
  • 70k
    UK jobs supported
  • £4b
    Into the regional economy
  • 6m
    UK homes powered
  • 9m
    Tonnes of CO2 avoided every year of operation
"Just this week, we took a significant long-term decision to raise funding for Sizewell C - putting beyond all doubt our commitment to decarbonising our power sector." The Rt Hon. Rishi Sunak, UK Prime Minister, September 2023
"Investing in Sizewell C is an opportunity to be part of the UK’s nuclear revival" The Rt Hon. Claire Coutinho MP, Energy Security and Net Zero Secretary, September 2023
"On Sizewell, we're in favour of it. It will bring high-quality jobs, and that's very important in a region such as the eastern region." The Rt Hon. Keir Starmer MP, Labour Party Leader, September 2021
"Here’s the one-sentence case for nuclear power: It’s the only carbon-free energy source that can reliably deliver power day and night, through every season, almost anywhere on earth, that has been proven to work on a large scale." Bill Gates, Co-founder of Microsoft Corp., Feb 2021
"To encourage the private sector investment into our nuclear programme, I today confirm that subject to consultation, nuclear power will be classed as “environmentally sustainable” in our green taxonomy, giving it access to the same investment incentives as renewable energy." The Rt Hon. Jeremy Hunt MP, Chancellor of the Exchequer, March 2023

Why invest in Sizewell C?

Sizewell C will deliver secure, long-term regulated investment. It will replicate the design of the Hinkley Point C power station in Somerset, which is now five years into construction, reducing build costs and risk.

Through its 10 to 12-year construction period, and for at least 60 years of operation, Sizewell C will deliver index-linked returns for investors. Funding will be raised through a Regulated Asset Base (RAB) model, which has already been used to finance £200bn of infrastructure assets in the UK. Investors share project risk and costs with consumers, while a Government Support Package will protect investors from remote high-impact risks.

In September 2023, the government launched the formal process to raise private investment for the power station. You can read more about that announcement in our news blog.

Our Proposals FAQs

An investment into clean energy and our Net-Zero future

The station will generate low-carbon, affordable electricity for 6 million homes, avoiding 9 million tonnes of carbon emissions each year. What’s more, new nuclear will facilitate the emergence of vibrant new green technologies like hydrogen and direct air capture through the utilisation of the heat the station will produce. These are all technologies vital for our country’s pursuit of Net Zero.

Sizewell C Clean Energy Hub

The right ESG commitments

The project will also deliver for Suffolk’s environment, improving net biodiversity by 19%*. This has already led to Wild Aldhurst – our 67-hectare wildlife habitat. By 2030, 40% of our workforce and 50% of our non-executive directors will be women. Meanwhile, our partnerships with educational institutions and outreach programmes are targeting the economically-disadvantaged and hard-to-reach groups locally. Sizewell C will be available to all and deliver for everyone – regardless of background.

*The biodiversity net gain has been assessed using the latest Natural England Biodiversity Metric (2.0). It does not include replacement habitat for the six hectares of SSSI needed for construction. The assessment was carried out by consultants on behalf of Sizewell C and independently peer-reviewed.

Our 2022 ESG brochure

The right political support

Nuclear is central to the Government’s plans to decarbonise the UK economy and reach Net Zero emissions by 2050. Read more about government’s plans and how it will work with Sizewell C here.

Locally, Sizewell C has significant public support. A recent opinion poll has shown nearly two-thirds of people in East Suffolk are in favour of building Sizewell C and that support for the project outweighs opposition by more than two to one.

Support for the Project

How is Sizewell C being funded?

Sizewell C is ready to use the Regulated Asset Base (RAB) as a funding model. This is a tried and tested arrangement for raising low-cost finance for infrastructure. A RAB will lower costs for consumers and create a unique opportunity for investors such as pension funds, insurers and other institutional investors.

Legislation to apply RAB funding to UK nuclear has been passed in Parliament with strong support from the UK’s two main political parties.

Funding Sizewell C

Green taxonomy and ESG criteria

We believe nuclear scores highly when it comes to ESG considerations and Sizewell C is delighted that nuclear will be included in the Government’s forthcoming taxonomy on green investments. Our ESG credentials:

a bird on a tree branch at Wild Aldhurst, Sizewell C's nature reserve
Environmental

Environmental

Sizewell C will produce vast amounts of very low-carbon energy, with lifecycle emissions comparable to renewables and a very small land footprint. It is one of the safest forms of producing electricity.
Olympian Goldie Sayers standing with young people after an INSPIRE Suffolk event in Suffolk
Social

Social

The social benefits of Sizewell C include support for 70,000 UK jobs, 1,500 apprenticeships, huge investment in the UK nuclear supply chain and East of England economy.

Community Benefits
Lorries and construction vehicles on the Sizewell C site
Governance

Governance

The industry is independently regulated and each operating company must demonstrate a high level of organisational capability and expertise to ensure nuclear safety and environmental protection.
Diggers on the Sizewell C site with Sizewell B in the background
Project milestones

What we’ve achieved so far

A look back at the project’s progress and important moments…

Here is a summary of what we've achieved since Sizewell C consultations began in 2012, up to the present day.

1. October 2012
First of four rounds of local consultation begins

Our consultations in the region led to engagement with more than 10,000 people and organisations.

2. May 2020
Application for planning permission submitted

Our application for a Development Consent Order (DCO) was more than 50,000 pages long.

3. January 2022
Government invests £100m

The UK Government agreed a land option agreement with EDF to fund further development of the project.

4. March 2022
New nuclear funding legislation passed

MPs vote overwhelmingly in favour of legislation to introduce Regulated Asset Base (RAB) funding for nuclear.

5. July 2022
Development Consent Order approved

Approval of the DCO comes after the Planning Inspectorate says the benefits of the project “strongly outweigh the impacts”.

6. December 2022
Government invests nearly £700m

The Government agrees to invest in the project becoming a 50% shareholder alongside EDF.

7. March 2023
Environment permits granted

The Environment Agency grants permits which are required before construction can begin.

8. August 2023
£341m government allocation for SZC

This funding allocation is to speed up preparation of site for construction, procurement of key supply chain components, and to expand the workforce.

9. September 2023
Private investment process begins

Government launches the formal process to raise private investment for Sizewell C.

How can you invest in Sizewell C?

Potential investors are being invited to take part in a pre-qualification process which will help to identify those with substantial experience in delivering large infrastructure projects.

More information about this process and completing the pre-qualification questionnaire (PQQ) can be found here on the government’s website. To request the PQQ, potential investors should email SZCequityraise@energysecurity.gov.uk.

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Sizewell C featured news

Funding, Government, Site 20 September 2023

Private investment process begins

In another huge step forward for Sizewell C, the government has launched the formal process to raise private investment for the power station. The announcement follows positive engagement with investors who now have their...
Careers, Government, Local Community, Local Economy, Site 17 May 2023

Sizewell C “crucial” for Britain, says energy minister on visit to site

Energy Minister, Andrew Bowie MP, visited the Sizewell C site as part of a two-day visit to Suffolk on Wednesday. On a tour led by Sizewell C Managing Directors Julia Pyke and Nigel Cann, the...
Hinkley Point C, Local Economy, Proposals, Supply Chain 28 April 2023

Suffolk reaps the socioeconomic benefits of Sizewell C early works

Suffolk reaps the benefits of Sizewell C early works as Hinkley Point C releases report showing wide-reaching socioeconomic benefits. More than £25m on local contracts before Sizewell C starts construction Over 2,500 businesses registered...
Environment, Proposals 30 March 2023

Major milestone reached as Environment Agency issues new permits to Sizewell C

Three important permits required for Sizewell C nuclear power station to operate were granted by the Environment Agency this week, marking a significant step forward for the project. The three permits - the Radioactive...
General News, Local Community, Sizewell B 28 September 2022

New ICM poll reveals strong local support for Sizewell C

A new opinion poll has shown nearly two thirds of people in East Suffolk are in favour of building Sizewell C and that support for the project outweighs opposition by more than two to...
Government 17 November 2022

Chancellor gives Sizewell C go ahead

Chancellor Jeremy Hunt announced on Thursday the government's support for Sizewell C's construction, subject to final agreement. In his Autumn Statement, he said the nuclear power station would create thousands of jobs and represented...
Government 21 September 2022

Government support for Sizewell C

Prime Minister Boris Johnson visited Sizewell B and the Sizewell C site this week to reaffirm the UK Government's commitment to securing a long-term energy future for the UK. "Go nuclear, go large, go...