ACE Group today welcomed the Government’s decision to green-light the building of a new nuclear power station at Sizewell C.

This major funding announcement will power the equivalent of six million homes and support 10,000 jobs at peak construction, playing a key part in the Government’s economic and green growth missions.

Furthermore, Sizewell is anticipated to deliver electricity system savings of £2bn a year on average once operational.

Director of Policy at ACE Group, Marie-Claude Hemming, said: “ACE Group welcomes Government’s decision to push the button on this critical energy project.

“Sizewell C not only plays a vital role in driving cleaner energy and green growth but also helps secure the UK’s homegrown energy supply.

“For too long the construction of large energy infrastructure projects have been delayed, negatively impacting both investor and public confidence. This decision marks a step change in the delivery of the world class infrastructure we all need to thrive.

“The Government intends that new power station will be 20% cheaper than its replica at Hinkley Point C. It is clear that lessons have been learned. Now the starting gun has sounded for the green energy revolution.”