Hinkley Point C has continued to dominate the headlines in the last year as work is continuing apace on Europe’s biggest building site on the Somerset coast.
The £20.3bn project to create a new nuclear power station beside the former Hinkley site will create the first in a new generation of nuclear power stations in the UK. The planned facility is capable of generating 3,260MW of secure, low carbon electricity for 60 years. That’s enough to power around six million UK homes. The first electricity is expected to be generated in 2025.
With 25,000 new employment opportunities to be created over the construction period, the build will dominate the industry both in terms of supply chain and construction skills over the next decade.
EDF promise a range of economic benefits – including up to 1,000 apprenticeships on the site and 64 per cent of the project’s construction value predicted to go to UK companies, with the majority from the South West – and a £20m Community Fund set up by the company to be spent on improvements for communities most affected by the development of Hinkley Point C.
Insider’s Hinkley Point C breakfast will examine where the build is now up to, discuss the challenges being faced by the team and the impact South West businesses in the wider supply chain are already seeing. The panel and audience debate will feature a range of businesses about the knock-on effects being felt around skills, housing, infrastructure and the regional economy.