EDF Energy has claimed it could deliver new nuclear power station Sizewell C for around £5bn less than Hinkley Point C by “copying and pasting” to slash pre-construction costs.
The Times newspaper reported that the French energy giant, which consulted last year on its plans for “second of a kind” UK nuclear plant Sizewell C in Suffolk, believes that work already carried out for Hinkley Point C could be replicated for Sizewell, cutting £2bn in pre-construction costs.
Further billions could be saved by using contractors and equipment which have already gone through the approvals process necessary to work on a nuclear site, added the report.
“EDF believes that a key selling point for Sizewell is that, as the ‘second of a kind’ in the UK, it can take advantage of the work done for Hinkley Point to slash the construction bill by 20% to 25%,” The Times reported.
In July EDF revealed costs for Hinkley Point C had risen by £1.5bn to reach £19.6bn, while delays in delivering its reactors could add millions more. The announcement came weeks after public spending watchdog the National Audit Office branded Hinkley as “risky and expensive”.
Sizewell C would be located north of its sister plant Sizewell B on the Suffolk coast. EDF estimates the 3.2GW power plant will take 10 to 12 years to build once it has planning permission, which it will apply for after a third consultation. Feedback from the second consultation, which finished in February last year, is still being analysed.
EDF declined to comment.