On July 22, 2025, the UK government announced its approval for the construction of the Sizewell C nuclear power plant in Suffolk, eastern England, with the project valued at a staggering £38 billion (approximately 367.9 billion yuan).
The UK government will hold an initial 44.9% stake in the project, making it the largest single shareholder. Other investors include French state-owned enterprise EDF (Électricité de France), Caisse de dépôt et placement du Québec, Centrica Plc, and Amber Infrastructure Group. Once completed, the project is expected to provide stable electricity to approximately 6 million households for at least 60 years and help the UK achieve its carbon emission reduction targets.
The UK government stated that the project will not only enhance the stability of energy supply and reduce reliance on imported fossil fuels but also drive the development of related industries and create a large number of job opportunities. During the peak construction period, it is expected to provide 10,000 direct jobs, including 1,500 apprenticeships, and indirectly support thousands of jobs across the UK. Meanwhile, it will strengthen the UK’s domestic supply chain, with an estimated 70% of contracts to be awarded to around 3,500 British suppliers.
The development consent order for the Sizewell C nuclear power plant project came into effect in January 2024. Currently, earthworks have been carried out on-site, and efforts to raise private equity from investors are progressing steadily.
