Sizewell C - Government Investment Decision must pave the way for a new era of nuclear power, says Prospect

The government has finally ended months of prevarication by announcing the government investment decision for Sizewell C which will allow the project to go ahead. This decision effectively opens the door to secure the majority private investment funding for the project beyond the 20% stake that Government is expected to hold.
 
Sue Ferns, Senior Deputy General Secretary of Prospect, said: 
 
“After months of uncertainty this is a vital decision from the government and secures the future of Sizewell C.  
 
“We cannot rest on our laurels however, as without swift progress of other new nuclear sites we will still face an impending energy gap that cannot be filled with renewables alone.
 
“The current rate of one approval every decade is far short of what is necessary for us to meet our net zero goals. The situation is too urgent for every decision to take many years.
 
“We cannot achieve either energy security or net zero without further new nuclear.”