UK nuclear plant hit by new multiyear delay and could cost up to £35bn | Latest overrun to Hinkley Point C a blow to UK energy plans and French constructor EDF
Brexit could be playing a big part too.
Worker and material shortage have been problems caused by Brexit in other industries too. Inflation is also blamed for the increased price, and that has been worse in UK after Brexit than comparable EU countries.
But we are talking about a 12 year delay now, no way this latest delay is all due to Covid and Brexit. Now they complain about Piping complexity 7 years after it was due! Really?
At the cost it comes in at, it competes with longer-duration energy storage. Very expensive, and only has value to the extent that it reduces the need to build storage instead.