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Third nuclear power station at Hinkley Point suffers setback

Hinkley Power station Credit: Tim Ireland/PA Archive/Press Association Images

Plans for a third nuclear power station at Hinkley Point on the Somerset coast have suffered a setback with the withdrawal of a major investor. Centrica, owned by British Gas, says it's not taking up its 20 per cent stake in the project, because of the costs and time involved.

Hinkley's owners, EDF are now looking for another partner. A final decision about going ahead with Hinkley C is expected next month, when the government announces a minimum price for the energy produced.