Sizewell C will be a near replica of Hinkley Point C and this means we can lower construction costs and explore new ways of raising finance.
In March 2022, new legislation came into effect allowing Regulated Asset Base (RAB) financing for nuclear. It’s a breakthrough that will allow us to lower the cost of financing Sizewell C, bringing big savings for consumers.
Click below to read more about the RAB financing scheme.
Read MoreSizewell C is a near replica of Hinkley Point C (HPC) which means we’re able to easily take all of the learnings and innovation from that project to build this new power station at a lower cost.
Watch this video to see the latest progress on HPC’s construction site.
As well as taking learnings from HPC’s experience, we are embedding Environmental, Social and Governance (ESG) principles across our business to ensure that Sizewell C continues to be affordable and investible.
Just some of the ways we’re doing this are providing ESG training for our leadership team and creating an ESG Working Group to support the delivery of our ESG strategy.
You can read more about what ESG means to us in our sustainability document.
