Power Supply for 6 Million Households
Boris Johnson, UK Prime Minister
Promises Annual Construction of New Reactors to Reduce Greenhouse Gas Emissions
[Asia Economy Reporter Oh Gyumin] The UK government has approved plans to build a new nuclear power plant in the southeastern Suffolk region. This is interpreted as an extension of Prime Minister Boris Johnson's pledge to build new reactors annually as part of the net-zero (zero greenhouse gas emissions) strategy.
On the 20th (local time), the UK government announced on its website, "The Secretary of State for Business, Energy and Industrial Strategy has approved the application for the Sizewell C nuclear power plant development project."
It added, "The project includes the construction of a new nuclear power plant that will produce reliable low-carbon electricity to help the UK achieve net zero."
The Sizewell C nuclear power plant, planned to be built in Suffolk, will have a capacity of 3.2 gigawatts (GW), enough to supply low-carbon electricity to 6 million households.
The total investment is 20 billion pounds (approximately 31 trillion won), and completion is expected to take 9 to 12 years.
The project is 80% owned by the French electric utility company EDF, with the remaining shares held by the Chinese state-owned nuclear company China General Nuclear Power Group (CGN).
Currently, the UK has 15 reactors at 8 sites, but many are known to have limited remaining lifespans.
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