Subsidies and Contracts for Difference (CfD) that the UK government has promised to the two projects for new nuclear power stations are expected to add $1.32 billion (£1 billion) annually to the UK power bills from around 2030, The Telegraph reports, citing documents by the Treasury and the Office for Budget Responsibility (OBR). The Hinkley Point C nuclear power station, developed by EDF, is expected to begin generating electricity in 2030-31, after years of delays and cost overruns. That year, CfD is expected to generate $6.1 billion…