The £18bn project, which will see the construction of the UK’s first new nuclear power station in a generation, was announced in the same week that a consultation closed on ministers’ plans to cut incentives for household solar by nearly 90%.
Greenpeace estimates that the subsidy package for the new reactors at Hinkley, Sizewell and Bradwell could add an extra £33 to the average household bill.
‘With this deal George Osborne is not so much backing the wrong horse as betting billions of consumers’ money on a nag running backwards.
‘There’s no end in sight for the nuclear industry’s dependence on billion-pound handouts whilst the renewable sector is on the verge of going subsidy free. Backing the former and punishing the latter makes no economic sense whatsoever.
‘Our grandchildren will one day wonder why their bills are propping up a foreign-owned, outdated, and costly nuclear industry instead of supporting cutting-edge UK firms producing cheap clean energy.
‘There’s no other reason for the government to go through with this rotten deal but saving George Osborne’s face.’
Dr Doug Parr, Greenpeace UK chief scientist