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To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the potential impact of EDF increasing its equity stake in Sizewell C to on the adequacy of the project's (a) commercial financing model and (b) risk allocation among public and private stakeholders.
To ask the Secretary of State for Energy Security and Net Zero, what assessment his Department has made of the potential impact of EDF increasing its equity stake in Sizewell C to on the adequacy of the project's (a) commercial financing model and (b) risk allocation among public and private stakeholders.
EDF has announced it will in principle invest into Sizewell C such that its stake in the project would be 12.5% following a final investment decision (FID).
Details of the commercial structure of Sizewell C are commercially sensitive as we conclude the capital raise process – further details will be published at the point of FID.
Sizewell C is expected to support around 10,000 jobs at peak construction and thousands more in the wider supply chain, as well as creating 1,500 apprenticeships. Sizewell C has 3500 UK suppliers and plans to award 70% of construction value to UK businesses.
This Government is committed to attracting the investment required to deliver future nuclear projects. The UK has long established relationships with international partners considering civil nuclear deployment.
To ask the Secretary of State for Energy Security and Net Zero, with reference to the press release by EDF entitled EDF announces the principle of investment in Sizewell C project with a view to the final investment decision, published on 8 July 2025, what assessment his Department has made...
To ask the Secretary of State for Energy Security and Net Zero, with reference to the press release by EDF entitled EDF announces the principle of investment in Sizewell C project with a view to the final investment decision, published on 8 July 2025, what assessment his Department has made...
EDF has announced it will in principle invest into Sizewell C such that its stake in the project would be 12.5% following a final investment decision (FID).
Details of the commercial structure of Sizewell C are commercially sensitive as we conclude the capital raise process – further details will be published at the point of FID.
Sizewell C is expected to support around 10,000 jobs at peak construction and thousands more in the wider supply chain, as well as creating 1,500 apprenticeships. Sizewell C has 3500 UK suppliers and plans to award 70% of construction value to UK businesses.
This Government is committed to attracting the investment required to deliver future nuclear projects. The UK has long established relationships with international partners considering civil nuclear deployment.
Motion that this House has considered the environmental impact of the proposed salt marshes at Pawlett Hams and other sites. Motion lapsed.
Motion that this House has considered the environmental impact of the proposed salt marshes at Pawlett Hams and other sites. Motion lapsed.
I beg to move,
That this House has considered the environmental impact of the proposed salt marshes at Pawlett Hams and other sites.
It is an honour to serve with you in the Chair, Mr Twigg. I welcome the Minister to her place.
I am grateful to have this opportunity to move the...
I beg to move,
That this House has considered the environmental impact of the proposed salt marshes at Pawlett Hams and other sites.
It is an honour to serve with you in the Chair, Mr Twigg. I welcome the Minister to her place.
I am grateful to have this opportunity to move the...
I thank the hon. Gentleman for all his detail and his excellent summary of exactly what is being proposed in Arlingham. The proposal was put to the people of Arlingham, they had a large meeting on Monday evening and, almost universally, there was a feeling that this was not a...
I thank the hon. Gentleman for all his detail and his excellent summary of exactly what is being proposed in Arlingham. The proposal was put to the people of Arlingham, they had a large meeting on Monday evening and, almost universally, there was a feeling that this was not a...
I will leave the Minister to answer those points, if I may.
I will leave the Minister to answer those points, if I may.
I pay tribute, as I am sure the hon. Member for Stroud (Dr Opher) would, to the amazing community at Pawlett Hams, who campaigned ferociously, but in quite a gentle way, and single-mindedly to get its aims and dislike across. I hope that that is reflected in the comments made...
I pay tribute, as I am sure the hon. Member for Stroud (Dr Opher) would, to the amazing community at Pawlett Hams, who campaigned ferociously, but in quite a gentle way, and single-mindedly to get its aims and dislike across. I hope that that is reflected in the comments made...
The hon. Lady anticipates the next part of my speech.
As a new MP, it is tempting to believe that this change of heart by EDF is entirely due to my persuasive powers, but that is not the case. All credit must go to the Pawlett Hams Action Group, a genuine...
The hon. Lady anticipates the next part of my speech.
As a new MP, it is tempting to believe that this change of heart by EDF is entirely due to my persuasive powers, but that is not the case. All credit must go to the Pawlett Hams Action Group, a genuine...
Thank you, Mr Twigg, for the opportunity to speak in the debate. I recognise that I have very little time, because I wish to ensure that the Minister has an opportunity to respond to my questions and those of the hon. Member for Bridgwater (Sir Ashley Fox).
I have already mentioned...
Thank you, Mr Twigg, for the opportunity to speak in the debate. I recognise that I have very little time, because I wish to ensure that the Minister has an opportunity to respond to my questions and those of the hon. Member for Bridgwater (Sir Ashley Fox).
I have already mentioned...
It is an honour to serve under your chairmanship, Mr Twigg. I congratulate the hon. Member for Bridgwater (Sir Ashley Fox) on securing this debate and on his excellent representation of his constituents’ views here today. I begin by saying that this is the subject of a live planning case...
It is an honour to serve under your chairmanship, Mr Twigg. I congratulate the hon. Member for Bridgwater (Sir Ashley Fox) on securing this debate and on his excellent representation of his constituents’ views here today. I begin by saying that this is the subject of a live planning case...
As I understand it, the Environment Agency is helping the integrity of the seawall by building it up at Kingston Seymour, so it seems incredibly perverse that it might agree that that should change. Currently, it is making it better by creating more flood protection for the villagers in Kingston...
As I understand it, the Environment Agency is helping the integrity of the seawall by building it up at Kingston Seymour, so it seems incredibly perverse that it might agree that that should change. Currently, it is making it better by creating more flood protection for the villagers in Kingston...
Let me come on to flood protection, and I will say something about salt marshes later. If the hon. Member is not satisfied with my response, then I am happy to write to the Environment Agency on her behalf.
The application for a material change is currently in the pre-application stage....
Let me come on to flood protection, and I will say something about salt marshes later. If the hon. Member is not satisfied with my response, then I am happy to write to the Environment Agency on her behalf.
The application for a material change is currently in the pre-application stage....
The Secretary of State for Energy Security and Net Zero (the Rt Hon Ed Miliband MP) made the following Statement today:
I am today laying a new designation direction to the Nuclear Decommissioning Authority in respect of the Sizewell A nuclear site, which amends the existing direction. The direction has been...
The Secretary of State for Energy Security and Net Zero (the Rt Hon Ed Miliband MP) made the following Statement today:
I am today laying a new designation direction to the Nuclear Decommissioning Authority in respect of the Sizewell A nuclear site, which amends the existing direction. The direction has been...
I am today laying a new designation direction to the Nuclear Decommissioning Authority in respect of the Sizewell A nuclear site, which amends the existing direction. The direction has been given in accordance with sections 3 and 5 of the Energy Act 2004, with the consent of Nuclear Restoration Services...
I am today laying a new designation direction to the Nuclear Decommissioning Authority in respect of the Sizewell A nuclear site, which amends the existing direction. The direction has been given in accordance with sections 3 and 5 of the Energy Act 2004, with the consent of Nuclear Restoration Services...
On a point of order, Mr Speaker. May I seek your guidance on how hon. Members may hold energy companies to account for their shortcomings with their business customers? I have been in contact with EDF Energy for a number of months over its multiple failures that have severely impacted...
On a point of order, Mr Speaker. May I seek your guidance on how hon. Members may hold energy companies to account for their shortcomings with their business customers? I have been in contact with EDF Energy for a number of months over its multiple failures that have severely impacted...
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether a backstop date has been agreed between the Low Carbon Contracts Company and EDF for the purposes of (a) possible contract termination and (b) the start of the Hinkley Point C Contract for Difference.
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether a backstop date has been agreed between the Low Carbon Contracts Company and EDF for the purposes of (a) possible contract termination and (b) the start of the Hinkley Point C Contract for Difference.
The Longstop Date in the Hinkley Point C (HPC) contract, the point at which the Contract for Difference (CfD) may be terminated for non-completion, has moved from 1 November 2033 to 1 November 2036. The extension reflects the work of the Low Carbon Contracts Company with the HPC project to understand the impacts of COVID-19, and the outcome of BEIS’ negotiations with China General Nuclear and EDF on Sizewell C. It has no impact on the project’s anticipated delivery date and consumers will pay nothing towards HPC until the project starts generating electricity.
The Longstop Date is the latest possible date that the CfD could start. EDF is targeting commencement of electricity generation at HPC, and therefore the start of the CfD, in June 2027.
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 21 June 2022 to Question 19632, what discussions he has had with (a) EDF and (b) NNB holding company limited on configuration of its investors; and whether China Nuclear remains a shareholder in...
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 21 June 2022 to Question 19632, what discussions he has had with (a) EDF and (b) NNB holding company limited on configuration of its investors; and whether China Nuclear remains a shareholder in...
The Government has been in commercial negotiations with both EDF and the Sizewell C project company since January 2021. These negotiations are ongoing and commercially sensitive.