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EDF and Centrica are negotiating with the UK government to extend the operational life of the Sizewell B nuclear power station from 2035 to 2055, necessitating a $1.1 billion investment. As the only UK nuclear plant eligible for such an extension, Sizewell B is critical amid a looming nuclear generation gap due to the retirement of older reactors and delays in new projects. The government aims for 95% of electricity to come from low-carbon sources by 2030.