Go-ahead for the Hinkley Point C connection project

Hinkley Point to power the future and create new jobsThe Department for Energy and Climate Change has today given the go-ahead for a new electric line connection for the Hinkley Point C nuclear power station.

Hinkley will kick start new nuclear in the UK, providing financial and energy security for generations to come as we move towards a low-carbon future.

UK companies will benefit from much of the work, and thousands of jobs will go to people living near to the new site.

Energy and Climate Change Minister Lord Bourne said: “This is a step forward in the Hinkley Point C project, which will play a crucial part in our plan to provide clean, affordable and secure energy for hardworking families and businesses.

Hinkley represents a major boost for the UK and local economy – powering nearly six million homes and creating more than 25,000 jobs with a significant number for the people of Somerset.”

The project will be the first scheme to use the new T-pylon, which resulted from a competition held in 2011 by the Royal Institute of British Architects, DECC and National Grid to explore the potential for a new generation of pylon design.

Hinkley Point C to create 25, 000 jobs

Hinkley Point C to power six million UK homesEDF and its Chinese partner China General Nuclear Corporation (CGN) have committed to Hinkley Point C during this week’s landmark China State Visit.

The project will provide a vital boost for the national and local economy – creating 25,000 jobs, up to 1,000 apprentices and landing UK businesses billions of pounds worth of supply chain contracts.

Hinkley Point C will provide low carbon electricity to six million homes, twice as many as the whole of London, for around 60 years – and consumers won’t pay a penny until the plant is up and running.

The companies have signed a Strategic Investment Agreement which marks a critical moment for the site in Somerset. EDF has confirmed it will take a 66.5 per cent stake in Hinkley with CGN taking 33.5 per cent, demonstrating a clear commitment from both parties.

The Government and EDF have finalised the detail of the Contract for Difference which offers increased price certainty for the electricity produced from Hinkley Point C.

The Funded Decommissioning Programme has been approved and will make sure that the tax payer doesn’t pick up the cost of decommissioning the plant in the future.

Prime Minister David Cameron said: “I’m pleased to announce that today we are signing an historic deal to build the Hinkley nuclear power station, providing reliable, affordable energy for nearly six million homes and creating more than 25,000 jobs, all while working together to build a low-carbon future.”

Energy Secretary Amber Rudd said: “We are tackling a legacy of under-investment and building energy infrastructure fit for the 21st century as part of our plan to provide the clean, affordable and secure energy that hardworking families and businesses across the country can rely on now and in the future.

The UK is open for business and this is a good deal for everyone – Hinkley Point C will continue to meet our robust safety regulations and will power nearly six million households with low-carbon energy, creating over 25,000 jobs and more financial security for working people and their families.”

The Government will support new nuclear power stations as we move to a low-carbon future. Hinkley Point C will kick start this and is expected to be followed by more nuclear power stations, including Sizewell in Suffolk and Bradwell in Essex. This will provide essential financial and energy security for generations to come.

EDF Energy CEO Vincent de Rivaz said: “Hinkley Point C and successive nuclear projects will guarantee the UK the reliable, secure low carbon electricity it needs in the future.

Nuclear power will save customers money compared with other energy options and provide a huge boost to British industrial strength, jobs and skills both in Britain and abroad. Today’s announcements are also good news in the fight against climate change.”

£2 billion support for Hinkley Point C

£2 billion support for Hinkley Point CGeorge Osborne has insisted new nuclear power stations are essential to make sure the lights stay on, as he gave the go-ahead to the initial government guarantee for the first such plant in Britain for 20 years.

While on a five day tour of China, the Chancellor of the Exchequer announced the new government guarantee, provided by Infrastructure UK, for a new nuclear power station planned for Hinkley Point C in Somerset.

The initial deal is set to be worth around £2 billion and will pave the way for a final investment decision by energy company EDF, supported by China General Nuclear Corporation and China National Nuclear Corporation, later this year, and with further amounts potentially available in the longer-term.

The construction and operation of Hinkley Point C will create thousands of jobs in Somerset and more widely in the nuclear industry across the UK, as well as boosting Britain’s energy security.

The new plant is expected to produce enough energy to supply seven per cent of the country’s needs, powering around six million homes.

It is also expected to open the door to unprecedented collaboration in the UK and China on the construction of new nuclear power stations.

Chancellor George Osborne said: “Britain was the home to the very first civil nuclear power stations in the world and I am determined that we now lead the way again.

So I am delighted to announce this guarantee for Hinkley Point today and to be in China to discuss their investments in Britain’s nuclear industry.

It is another move forward for the golden relationship between Britain and China – the world’s oldest civil nuclear power and the world’s fastest growing civil nuclear power.”

Energy Secretary Amber Rudd said: “We will continue to work with EDF to finalise the Hinkley deal, which will power nearly six million homes and create more than 25,000 jobs – providing more financial security for working people and their families as we transition to a low-carbon future.”

Hinkley Point to power the future and create new jobs

Hinkley Point to power the future and create new jobsBalfour Beatty announced that its joint venture with NG Bailey has been selected for the £460 million Hinkley Point C power station electrical package, for EDF Energy.

The 50:50 Balfour Beatty and NG Bailey joint venture – Balfour Beatty Bailey – will work across both proposed Hinkley Point C units to deliver the critical infrastructure that will power the station and its operations, creating 1,000 jobs including many specialist engineers. 

Works will include design and installation of circa 76,000 cables totalling over 3,000km in length; over 180km of cable containment support systems; fire and environmental sealing; design and installation of earthing systems, and specialist packages associated with data acquisition and plant control.

Balfour Beatty Bailey will deliver a lasting local legacy with a significant proportion of the new workforce recruited locally, 60 local apprenticeships and training commitments and partnerships with local colleges.

Leo Quinn, Balfour Beatty Group Chief Executive said:“This project enables Balfour Beatty to deploy its extensive experience and knowledge of the nuclear sector as the UK takes its next significant step forward in low-carbon energy.

The new nuclear programme demands a scale of resources and expertise that only the most capable and trusted partners can deliver. Equally significant, the project requires us to draw on the local community and its people in building what will be a highly specialist workforce.

I am particularly pleased to see Balfour Beatty combining its tradition of delivering essential infrastructure with the creation of new skills and employment in this country.”

Balfour Beatty Bailey’s six year project is expected to commence in 2016 with design work and the construction phase in 2017. The joint venture’s full contract award is scheduled for 2016, subject to the Hinkley Point C final investment decision.

Hinkley Point C, which will be located on the North Somerset coast, will be the first nuclear power station to be built in the UK for 20 years. The two new nuclear reactors that form the proposed Hinkley Point C will provide reliable, low carbon electricity to meet 7% of UK demand.