Hinkley Point: Explained

Just exactly what is Hinkley Point C - and why do we need it? Credit: ITV West Country

WHAT IS HINKLEY POINT C?

  • Hinkley Point C was announced in 2008 as one of eight new nuclear power stations by the then Prime Minister Gordon Brown.

  • It was hoped to build a new 3,200-megawatt station with two reactors on the same site as the disused Hinkley Point A and still operational Hinkley Point B.

  • The estimated cost will be around £18 billion pounds - a price split between French company EDF and China General Nuclear Power.

WHAT DIFFERENCE WILL IT MAKE?

  • Power is expected to begin flowing from the plant in 2025.

  • It will provide 'low-carbon' electricity for five million homes, that's 7% of all UK homes.

  • It will create 25,000 jobs during its construction period.

  • Around 5,600 people will be employed on site at peak, with 900 permanent jobs created throughout its proposed 60 years of operation.

  • It will generate £100 million a year for the regional economy during peak construction.

  • When it is operational £40 million a year will go into the regional economy - totalling more than £2bn over its lifetime.

BUT WHY DO WE NEED IT?

  • It's argued that new nuclear stations will reduce the UK's reliance on imported gas and other non-renewable energies.

  • The UK's existing nuclear plants are coming to the end of their working lives.

  • The UK's other remaining coal-fired power plants are also expected to close in the next 10 years.

WHY IS EDF INVOLVED?

  • EDF - which is 85% owned by the French government - bought British Energy, which owned the UK's nuclear power stations, in 2008

  • In October 2011 EDF announced plans to build Hinkley Point C - just a year later they began searching for more investors.

  • In 2015 they signed a deal with China General Nuclear Power Corporation, who agrees to pay one-third of the cost.

What Hinkley Point C will look like when it's built Credit: EDF