Nuclear supply chain workers have warned that if the industry does not go ahead with Sizewell C then this could cost around 10,000 jobs. The government are now exploring various funding options for EDF.
Smaller firms are estimating that around one out of three staff could be at risk if the government do not happen to give Sizewell C the green light to go ahead. The warning about the impact of actually losing another major scheme would be severe. Hitachi have abandoned the Wylfa project and this has already had an impact on the world of Nuclear jobs and Nuclear recruitment.
This comes as the government are trying to find options as to how they can financially support the EDF development project. EDF have called on the government to see if they can launch a new regulated asset base, or RAB. This is a funding model that will help to get the project built.
This would see UK households pay through their energy bills while the plants are actually being constructed. The problem is that this would actually expose taxpayers if there was any run-over cost delays when the construction is being carried out.
These jobs, at the end of the day, are vital if the UK is to maintain and construct new projects. These emerging technologies can include Small Modular Reactors or even Advanced Reactors. On top of that, it can also include energy from hydrogen. Cameron Gilmour is the spokesperson for the Sizewell C company, and he has stated that the UK have developed a stellar nuclear construction and supply chain.
It would of course, be a shame to see all of this crumble but at the end of the day, this is going to be a very interesting time for nuclear energy.