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Hinkley Point C will be crucial in helping the country hit netzero carbon emissions by 2050 – by moving the UK away from high-polluting fossil fuels .
The Ministers were shown how construction has maintained momentum , despite the challenges caused by the pandemic . Experience gained from building the first reactor unit has allowed teams to deliver the second more efficiently , such as the liner ring being built 25 % quicker than the same part for unit 1 .
Apprentices also met the Ministers and shared their experiences of gaining industry experience at Hinkley Point C . More than 850 have been trained so far , strengthening the UK ’ s skilled workforce . The project is expected to reach its goal of creating 1,000 apprenticeships later this year .
Business and Energy Secretary Kwasi Kwarteng said : “ The UK Government recognises that large-scale nuclear is the only technology available to provide continuous , low carbon electricity at scale . In order to strengthen Britain ’ s energy security and reduce our exposure to volatile global gas prices , we are firmly committed to deploying new nuclear , as seen through the construction of Hinkley Point C .
“ To build on Hinkley Point C ’ s success , we ’ re backing the next generation of projects through our landmark Nuclear Bill . With a new funding model on the statute books , we will be able to attract British funds and other institutional investors to lower the cost of financing new nuclear power and , importantly , help to lower electricity bills for consumers and businesses .
“ It has been remarkable to see how construction work is progressing and to meet with some of the workers driving forward one of Britain ’ s biggest infrastructure projects . New nuclear is not only at the heart of our plans to ensure greater energy independence , but to create high-quality jobs , boost apprenticeships and drive economic growth .”
Managing Director of Hinkley Point C Stuart Crooks said : “ Hinkley Point C will be crucial in the fight against climate change , protecting the UK ’ s energy security and insulating British homes and businesses from volatile global gas prices . We are also changing lives for the better , training apprentices , creating jobs , and pumping billions into the economy .”
Chief Executive of EDF UK Simone Rossi said : “ The building of a near-identical power station in Suffolk , Sizewell C , means the UK can continue this powerful legacy . Hinkley Point C and Sizewell C will be twin projects , but the ownership will be different : EDF is a majority investor in Hinkley Point C , but Sizewell C will be majority owned by British investors . Legislation to finance the project making progress through the House of Commons this week was an important step in securing the future of the UK nuclear industry and the country ’ s low carbon energy supplies .”
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