The British government approved on Wednesday the Sizewell C nuclear power station in Suffolk, England. The project's majority owner is EDF Energy at 80%, with 20% owned by China General Nuclear Power Group.
According to EDF, the power station is expected to generate 3.2 gigawatts of electricity, enough to supply 6 million homes and avoid around 9 million tons of carbon emissions each year. The project is supposed to support 70,000 jobs across the UK and rely on over 3,000 UK-based suppliers, adding some £4 billion to the regional economy. It is expected to cost around £20 billion.
