Boris Johnson attacks 'disgraceful' spending on Hinkley - just a month after David Cameron hailed the 'flagship' deal

Mayor of London said the estimated £18bn cost of Britain’s first nuclear power station in two decades was an 'extraordinary amount of money'

Matt Dathan
Online political reporter
Friday 20 November 2015 16:02 GMT
Comments
Boris calls Hinkley 'a disgrace'

Boris Johnson has attacked the £18bn cost of Britain’s first nuclear power station in two decades as “a disgrace” – just one month after David Cameron announced the deal and hailed it as a “flagship project of cooperation” between China and the UK.

In a surprisingly scathing criticism of the Government, Mr Johnson – who attends Mr Cameron’s political cabinet meetings and is George Osborne’s main rival to be next Tory leader – said their pledge to underwrite the deal with £2bn of taxpayers’ money was an “extraordinary amount of money to spend”.

Work on the Hinkley Point C in Somerset is set to begin within weeks after Mr Cameron announced that a deal had been struck between French firm EDF and state-owned China General Nuclear Power (CGN) in October.

China pledged £6bn investment – a third of the total cost, with EDF funding the remaining £12bn, while the Government has agreed a “strike price” – a guaranteed price paid for electricity generated by Hinkley Point of £92.50 per megawatt hour for 35 years.

However the huge cost of the plant will ultimately be paid for by consumers through their bills.

Asked by Baroness Jones, a Green party London Assembly member who is fiercely opposed to nuclear power, whether he supported the building of Hinkley Point C despite its cost, Mr Johnson said: “I’m totally with you on that one – it’s a disgrace.

“Do I think the deal on nuclear power looks like good value for money? It looks like an extraordinary amount of money to spend."

“But I think we have been left in a very difficult position by previous Labour administrations with our energy supply; we need to have security of supply – nuclear has got to be part of the mix – it won’t be the whole solution but it has to be part of it and in an ideal world we would still be one of the world’s great [nuclear innovators] if we had more nuclear physicists than France or Korea.

“Unfortunately we have to rely now on technicians from those countries to get our plants going; I think that is a shame," he added as he answered questions during Mayor's Question Time at City Hall on Wednesday.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in