U.K. electricity consumers will have to share the construction risk of the next nuclear power plant under government plans to adopt the Regulated Asset Based (RAB) system for infrastructure financing.
The system will replace the up-front price setting approach used for the 3,200-MW Hinkley Point C plant now under construction and could reduce or eliminate Chinese involvement in the planned same-sized Sizewell C plant, expected to be built next. Both are located in England.