Third round of public consultation announced for Sizewell C
EDF Energy’s CEO, Simone Rossi, has announced that a third round of public consultation for a new nuclear power station at Sizewell in Suffolk will begin in January 2019.
Mr Rossi said a planning application for Sizewell C could be submitted in 2020 and that the ideal time for construction to begin would be at the end of 2021.
EDF Energy is planning to build Sizewell C as a follow-on project to Hinkley Point C in Somerset where more than 3,300 people are working on the construction site. Hinkley Point C is making good progress towards its next milestone in 2019 - the completion of the 4,500 tonne concrete platform on which the reactor buildings sit.
In a keynote speech at the annual Energy UK conference, Mr Rossi said that Hinkley Point C is on track and learning lessons from other new nuclear projects. By being a close copy of Hinkley Point, he said, Sizewell C could be built at significantly lower cost.
“We have a great opportunity at Sizewell C to build a replica which would allow us to reduce the design costs. It would also reduce the development costs and we would profit from a skilled and experienced supply chain as well as lower qualification costs and paper work. All of that means a reduction in construction costs of about 20% which will eventually flow through to consumers.”
Mr Rossi explained that reducing the cost of finance of the project could provide further savings. He said this could be achieved by using a Regulated Asset Base funding model (RAB) which is a ‘tried and tested’ way of delivering public infrastructure.
Outlining EDF Energy’s vision for the future energy mix, Mr Rossi said nuclear should continue to provide around 20%-25% of Britain’s low carbon electricity needs. In order to meet our climate commitments, he said, the amount of renewables should double to 60% as gas is reduced and coal closes.
Mr Rossi told the conference that to achieve the biggest savings in construction costs, Sizewell C needed to be built soon after Hinkley Point C.
“There is an optimal distance between the two projects which is about five years. Hinkley Point construction started at the end of 2016 and so the best moment to start construction at Sizewell C is at the end of 2021. The further we wait, the lower the construction benefits will be because the supply chain may not be the same and skills could be forgotten.”
If Sizewell C gets the go-ahead, it will provide 6 million homes with affordable, reliable, low carbon electricity. Mr Rossi said Sizewell C would become an engine for economic growth in the East of England and could generate around 25,000 job opportunities during construction.
EDF Energy has already completed two stages of public consultation for Sizewell C. The third period of consultation will run until March after which an application will be submitted for a development consent order (DCO).
EDF Energy is the UK’s largest producer of low-carbon electricity, meeting around one-fifth of the country’s demand and supplying millions of customers and businesses with electricity and gas.
It generates electricity with eight nuclear power stations, more than 30 wind farms, one gas and two coal power stations, as well as with combined heat and power plants.
EDF Energy is leading the UK's nuclear renaissance with the construction of a new nuclear power station at Hinkley Point C. This will provide low carbon electricity to meet 7% of UK demand. The project is already making a positive impact on the local and national economy, British industry, as well as boosting skills and education. EDF Energy also invests in a range of low carbon technologies including renewables and battery storage. It is applying research and development expertise to improve the performance of existing generation and developing the potential of new technologies.
The company provides gas and electricity for more than 5 million customer accounts and is the biggest supplier of electricity by volume in Great Britain and the largest supplier to British businesses. It offers innovative energy systems for commercial customers and digital innovation for customers at home. EDF Energy has also launched its own innovation accelerator, Blue Lab, which focuses on making customers’ lives easier.
The Better Plan is EDF Energy's framework for being a sustainable and responsible energy business and is an integral part of EDF's 2030 vision to be the efficient, responsible electricity company, and champion of low-carbon growth. The Better Plan is underpinned by comprehensive environmental and social programmes which have been recognised by a wide range of organisations.
EDF Energy is part of EDF Group, the world’s biggest electricity generator. In the UK, the company employs around 13,000 people at locations across England and Scotland.
To find out more about the UK's energy challenges visit our energy future webpages.