Long delays or a cancellation of the Hinkley Point C nuclear power plant could cause the UK to miss decarbonisation targets, Energy and Climate Change Secretary Amber Rudd has warned.
The controversial project has faced a number of issues since its announcement, with key investors EDF yet to confirm their final investment in the project.
Rudd said that she is ‘fully confident’ that the plant would be completed by 2025 as planned, but admitted that delays could have significant implications for the UK.
As well as putting decarbonisation targets at risk, Rudd also admitted that delays could lead to increased energy bills for the British public.
The admission came in a letter to Angus MacNeil, chair of the Energy and Climate Change Select Committee.
The letter read: “At this stage and at any point up to the Capacity Market four years before Hinkley commissions in 2025, we are confident the market would be able to respond to any anticipated shortfall and that alternative sources of supply would be unlikely to present a significant increase in cost to the consumer.
“I am also confident that alternative capacity could still be sourced if a risk of delay or cancellation emerged after this point but this may come at a higher cost. There is also a risk though that any such delay could put at risk our decarbonisation targets – one of the key reasons the government is supporting Hinkley Point C in the first place.”