Sizewell C Power Station: Investment

(asked on 15th September 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 7 September 2023 to Question 195847 on Sizewell C Power Station: Construction, if she will issue a breakdown of all Sizewell C projects the Government has provided public investment for in financial year 2021-22; and what the Government's planned expenditure on Sizewell C in financial year 2022-2023 is.


Answered by
Andrew Bowie Portrait
Andrew Bowie
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 25th September 2023

For financial year 2021-22, an investment of £100m by EDF in the Sizewell C project in January 2022 was provided by the Government through the Combined Option Agreement. In the same financial year, the Government provided a further £0.24m of innovation funding in 2021/22 to Sizewell C, together with partner organisations, through Phase 1 of the Direct Air Capture and other Greenhouse Gas Removal technologies competition, part of the Government’s Net Zero Innovation Portfolio.

In the financial year 2022-23, the Government’s planned expenditure on developing the Sizewell C project is £860m, with a further £0.5m provided as part of Phase 2 of the Direct Air Capture and other Greenhouse Gas Removal technologies competition.

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