What is the largest gambling company?-Sizewell C: Boris Johnson says 'go nuclear, go large'

Media caption,

Boris Johnson: "Go nuclear, and go large and go with Sizewell C."

Prime Minister Boris Johnson has pledged £700m for a new nuclear power plant on the Suffolk coast, with a call to "go nuclear and go large and go with Sizewell C".

In a speech at Sizewell, he said he was "confident" the plant would go ahead.

The project, which is being developed by French energy company EDF, is estimated to cost about £20bn overall.

Critics have argued Sizewell C will be hugely expensive and take years to build.

The government gave the go-ahead for the plant in July with negotiations on raising funds continuing.

It is not expected to begin generating electricity until the 2030s.

"We need to pull our national finger out and get on with Sizewell C," the outgoing PM said.

"That's why we're putting £700m into the deal, just part of the £1.7bn of government funding available for developing a large-scale nuclear project to final investment stage in this parliament.

"In the course of the next few weeks I am absolutely confident that it will get over the line."

  • PM backs nuclear power plant funding
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  • What is Sizewell C?

Mr Johnson said the war in Ukraine, which has pushed up gas prices, had demonstrated the need for new nuclear generation capacity in the UK.

In his final major policy speech before he leaves office, he argued the reluctance of previous governments to back nuclear energy had helped drive up bills.

The PM described the problem as "myopia", adding: "It is called short-termism. It is a chronic case of politicians not being able to see beyond the political cycle."

"Let's think about the future, let's think about our kids and our grandchildren, about the next generation," he said.

"And so I say to you, with the prophetic candour and clarity of one who is about to hand over the torch of office, I say go nuclear and go large and go with Sizewell C."

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