UK to invest GBP700mn in nuclear power project in Suffolk
Britain has announced its plans to invest GBP700 million (US$809.13 million) in EDF's proposed Sizewell C nuclear plant project that will be located in Suffolk, UK.
The investment in nuclear power comes as Britain strives to become more energy independent in the wake of a spike in oil and gas prices caused by the Ukraine conflict, and as the nation aims to achieve net zero emissions by 2050.
EDF plans to make a final investment decision on the project in 2023.
Country updates
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September 05, 2022
Kajima, Low Carbon Alliance Ltd. plan 44 MW solar project in Wales
The joint venture company of Kajima Corp. and sustainability specialist Low Carbon Alliance Limited, Taiyo Power & Storage, is planning to build a 44 MW solar photovoltaic (PV) project that w...
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September 01, 2022
Commercial operations start for 1.3 GW Offshore wind farm in UK
Ørsted has announced that the Hornsea 2 Offshore wind farm located 89 km off the Yorkshire Coast in the UK is now fully operational.
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August 31, 2022
Orsted to reuse gas platform for 2.8 GW offshore wind project
Orsted, Alpha Petroleum Resources, and Energean UK have signed a Memorandum of Understanding (MoU) to explore the potential repurposing of the Wenlock gas platform in the Southern North Sea as an...
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August 30, 2022
First close achieved for NextPower UK ESG (NPUK ESG) fund
The NextPower UK ESG (NPUK ESG) fund, managed by Next Energy Capital (NEC) has reached its first close at GBP327 million (US$382.30 million). The UK Infrastructure Bank has committed to inve...
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August 30, 2022
Hexicon, CIP submit application for 100 MW floating wind project off the coast of Dounreay
Copenhagen Infrastructure Partners (CIP) and Hexicon have submitted a development consent application to Marine Scotland for the 100 MW Pentland floating wind project located off the coast of Dounreay...
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