IEA Energy Analyst Andy Mayer has been quoted in City AM reacting to the decision to allow planning permission for the plant to be re-challenged.

Andy said:

“There is a sensible objection to Sizewell C, that the underlying EPR technology is junk, resulting in projects that run over-time and over-budget, and when built are riddled with corrosion.

“Then there are campaigner objections, broadly Nimbyism on steroids, taking advantage of the UK’s hopelessly over-complicated planning and environmental permitting regimes to block building anything anywhere.

“Either way, outside investors would be mad to back Sizewell. If built, it will be late and obsolete. Even if there is regulatory reform, limiting the legal power of objectors, rival solutions will be advantaged. Both issues pressuring any claim EDF might make to Government to support Sizewell, limiting future returns.”

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