On 30 August 2024, the Department for Energy Security and Net Zero (DESNZ) published details of a new subsidy scheme – the Sizewell C Devex Scheme – to enable continued support to the development of the proposed new nuclear power plant Sizewell C (SZC) to the point of a Final Investment Decision (FID) and thereby ultimately reach operation. This follows the Competition and Markets Authority’s consideration of DESNZ’s assessment of the Devex Scheme’s compliance with the requirements under the Subsidy … read more »
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