The budget overruns are predictable. To the point where you can confidently predict that neither year nor the budget will stay as they are currently predicting. Honestly, it sounds more like wishful thinking at this point. I would say late 2030s at probably > 40 billion is realistic. They'll find a way to make it worse. Maybe they'll get lucky and only overrun only a few billion. Every year it overruns will cost bill…
Indeed, we may as well finish it, certainly, but it's going to reduce appetite for future nuclear schemes enormously. Realistically I think small reactors are our last hope for net new nuclear in the UK - if we don't get them we'll end up with Wind/Solar and storage.
Sizewell C appears to be moving along; nevertheless Ed Milliband has not vocally supported the project (despite the junior minister Lord Hunt visiting the site last month and Keir Stamer visiting last year).
What is most curious is that the announcement of up to £5.5B of extra funding (taking funding up to £8B so perhaps 1/3 of final project cost) until the final investment decision was not performed by a minister; usually this level of investment would merit a great fanfare.
https://www.sizewellc.com/news-views/keir-starmer-hpc-visit-...
https://www.parallelparliament.co.uk/lord/lord-hunt-of-kings...
We will seek to extend the lifetime of existing nuclear power plants while supporting the completion of new sites, such as Sizewell C.
https://www.newcivilengineer.com/latest/sizewell-c-to-receiv... Sizewell C joint managing directors Julia Pyke and Nigel Cann said the Devex Scheme is “significant support from the government and it further strengthens the position of this project, which is now full steam ahead”.