Dutton’s new nuclear nightmare: construction costs continue to explode

Glenn Dyer and Bernard Keane for Crikey

Peter Dutton’s back-of-the-envelope nuclear power plan has suffered another major hit, with new reports showing the expected cost of the newest planned UK nuclear power plant surging so much its builder has been told to bring in new investors.

The planned Sizewell C nuclear plant in Suffolk, to be built by French nuclear giant EDF in cooperation with the UK government, was costed at £20 billion in 2020. According to the Financial Times, the cost is now expected to double to £40 billion, or $79 billion.

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