Nuclear Power Stations: Economic Situation

Department for Business, Energy and Industrial Strategy written question – answered on 25th October 2021.

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Photo of David Warburton David Warburton Conservative, Somerton and Frome

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential to replicate the economic benefits of Hinkley Point C to Somerton and Frome constituency in other areas of the country through the development of future gigawatt nuclear new builds.

Photo of Greg Hands Greg Hands The Minister of State, Department for Business, Energy and Industrial Strategy

The construction of Hinkley Point C shows that new gigawatt nuclear power stations can provide economic benefits to their local area, as well as to regions across the UK through the supply chain. EDF have reported that £3.5 billion has been spent with companies in the South-West during the construction period, with Hinkley Point C creating 12,786 job opportunities and 787 apprentices trained to date. The government expects future larger scale nuclear new build project to have similar benefits to Hinkley Point C, and we have committed to at least one more gigawatt power plant during this Parliament, subject to clear value for money for both consumers and taxpayers and all relevant approvals.

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