Around \u00a3330m of contracts have already been signed off with local firms, with 70% of the total predicted to go to British suppliers.<\/p>\n
Reeves said: \u201cToday we are once again investing in Britain\u2019s renewal, with the biggest nuclear building programme in a generation. This landmark decision is our Plan for Change in action.\u201d<\/p>\n
Sizewell C has been on the drawing board since 2009 but was repeatedly stalled under previous governments.<\/p>\n
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<\/a><\/div>\n<\/div>\nBecause the power station is a near replica of Hinkley Point C, the plan is to use the main supply chain companies from the new Suffolk project.<\/p>\n
Its confirmation signals a major shift in policy, with the Government also preparing to back one of Europe\u2019s first small modular reactor (SMR) fleets and investing \u00a32.5bn into fusion energy R&D.<\/p>\n
Once operational, Sizewell C and Hinkley Point C will be joined by SMRs to deliver more nuclear power than the UK has built in the last 50 years combined.<\/p>\n
To secure the UK as a leader in both civil and defence nuclear, the government will also be investing \u00a34 billion over the next decade in the Plymouth naval base.<\/p>\n
The wider nuclear drive includes \u00a36bn investment in the submarine industrial base at Barrow and Derby, and a \u00a3420m injection into Sheffield Forgemasters, helping to secure over 1,600 jobs.<\/p>\n
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