The UK government has finalised a deal exceeding £38 billion with private investors for the Sizewell C nuclear project on the Suffolk coast. The agreement, funded through taxes and energy bills, involves the UK government, EDF, and three other investors, including Centrica. Sizewell C aims to provide low-carbon electricity for 6 million UK homes by the mid to late 2030s, although the exact start date remains unspecified. The project, expected to create 10,000 jobs at its construction peak, follows the Hinkley Point C plant, where costs have significantly increased.
