Hitachi suspends Wales nuclear plant – what is the business case for Hinkley C

Hinkley C is leaking out money from Devon via the Heart of the South West Local Enterprise Partnership, whose board (past and present) includes people with direct and tangential interests in the nuclear industry and that particular site.

Now we hear that Hitachi is suspending work on the nuclear plant it was meant to build in Wales. It is prepared to take a hit of more than £4 billion to walk away.

It begs questions:

How can the French (EDF) and Chinese – who now own Hinkley C – make a business case for Hinkley C even with the massive subsidy for its (eventual) electricity?

Just how much of OUR money is propping up these French and Chinese businesses?

What is the Plan B if one or both of the companies fail; how much of OUR money will be used to plug financial holes?

What effect has this had on renewable energy sources in Devon and Cornwall?

How much more money is our LEP going to divert to this project?