UK Government Approves £38 Billion Sizewell C Nuclear Plant

The UK government has given the final approval for the £38 billion Sizewell C nuclear power plant, marking the most significant public investment in domestic clean energy in a generation. The project, supported by British and international investors including Canadian pension fund La Caisse, will provide low-carbon electricity for around six million homes and is expected to operate for at least 60 years. The British state holds the largest stake at 44.9%, alongside other investors such as Centrica, Amber Infrastructure, and EDF, which maintains a 12.5% stake. Sizewell C will create about 10,000 jobs during peak construction, with 70% of the work awarded to UK businesses and 1,500 apprenticeships planned, stimulating economic growth and workforce development. The plant is a key part of the UK’s strategy to enhance energy security, reduce dependence on fossil fuels, and achieve climate targets amid a broader nuclear revival in Europe. It is anticipated to begin generating electricity by the mid to late 2030s, following the delayed Hinkley Point C project.