this post was submitted on 10 Jun 2025
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[–] [email protected] 3 points 2 weeks ago (11 children)

And yet Hinkley C was approved in 2010 and is still not finished, current cost is at 3 times the orginal budget and ETA is now 2030 from originally 2023 (and may slip further).

What's worse is they contract in a fixed price for the power generated which is way higher than renewables can generate it for. So we're paying more for our electricity.

[–] [email protected] 2 points 2 weeks ago

Also consider how much renewables that investment could buy; its not just 31billon of today money that will start to see some benefit 20 years after it was started.

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