Delay, cost increase announced for U.K. nuclear project
The unfortunate effects of the COVID-19 pandemic on nuclear new-build projects haven’t stopped with Vogtle: EDF Energy this morning reported that the expected startup date for Unit 1 at its Hinkley Point C site is being pushed from late 2025 to June 2026.
In addition, the project’s completion costs are now estimated to be in the range of £22 billion to £23 billion (about $30.2 billion to $31.5 billion), some £500 million (about $686 million) more than the 2019 estimate, EDF said, adding the caveat that these revisions assume an ability to begin a return to normal site conditions by the second quarter of 2021.