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£100m is the expected annual benefit to the local economy during peak construction, and at this same time, up to 5,600 people will be working there, living in purpose-built hostels.

Hinkley Point’s Economic Prospects

Hinkley Point’s Economic Prospects

Somerset is to be the new home of the planned Hinkley Point Nuclear Power Station, and while there are many questions still looming over the proposal of a nuclear plant in the area, its presence would benefit Somerset economically. With an £18 billion price tag, there would certainly need to be big economic prospects for it to have the green light:

£100m is the expected annual benefit to the local economy during peak construction, and at this same time, up to 5,600 people will be working there, living in purpose-built hostels. These will be constructed in 2017, complete with football pitches and a gym. As for a look at the particular job prospects that come with Hinkley Point Nuclear Power Station;

  • Up to 25,000 jobs could be created during the lifetime of the project (not all at once)
  • 5,600 jobs working on site at the peak phase of construction
  • 1,000 apprenticeships
  • 900 positions once the power station is built and operational

The desire to build a nuclear power station at Hinkley Point is an attempt to solve the increasing demands for energy in the UK, whilst also in-keeping with the limited fossil fuels available and protection of the environment.

Source: BBC News