In his first public speech since being appointed, Simone Rossi outlined the importance of the Somerset project for the UK.Read the full story ›
The Public Accounts Committee will quiz officials about the decision-making process and whether the project is good value for money.Read the full story ›
It has been a year since the government gave the final go-ahead for the construction of Hinkley Point C.Read the full story ›
The chief exec of French energy giant EDF is confident that the new nuclear plant in Somerset will be built, despite fresh delays.
The final investment decision on the £18 billion project at Hinkley Point has again been put back - waiting on a 60 day consultation with the company's workers.
Vincent de Rivaz, speaking to MPs on the Energy and Climate Change Committee, insisted the project was not on hold, and "everything was set" for power to be generated by 2025.
Mr de Rivaz added that EDF was not going to "give up" on Hinkley, although he realised people were worried.
The chief exec of French energy firm EDF is to be quizzed by MPs over the delay in making an investment decision on the nuclear plantRead the full story ›
The delayed multi-billion pound Hinkley Point nuclear power station in Somerset will go ahead, according to the head of French energy giant EDF.
Assuring MPs today, the chief executive of the firm behind the project said he had confidence in the £18 billion project.
Although admitting it had been "a long road", Vincent de Rivaz told the Energy and Climate Change Committee "clearly and categorically" that Hinkley Point C will be built.
French economy minister Emmanuel Macron has said EDF would make a final investment decision on Hinkley Point in early May.
It would be the first nuclear power plant to be built in Britain in two decades.
EDF is financing two-thirds of the project, with the rest coming from Chinese investment.
The chairman of EDF says he's confident a new reactor will be built at Hinkley Point in Somerset. Jean-Bernard Levy, chairman and chief executive of EDF Group, wrote to staff on Friday saying, although the financial context was "challenging", the project had the support of both the French and British governments.
We are currently negotiating with the French state to obtain commitments allowing us to secure our financial position. It is clear that I will not engage EDF in this project before these conditions are met. These discussions are ongoing and I am defending our group for the present and especially the future.
A video produced by EDF energy showing a CGI fly-through over the new Hinkley Point nuclear station.
It follows speculation about the future of the eighteen billion pound nuclear project after the French company's finance director, Thomas Piquemal resigned. He was concerned that the cost of the scheme could jeopardise EDF's future.
Molly Scott Cato, Green MEP for the the South West of England described Hinkley as "a disastrous white elephant" and called for it to "give way" to the alternative of renewable energy.
A new initiative is underway trying to make the Exeter the most active city in the South West by 2018.
Sport England will be handing the city council £130,000 later today to help pay for projects that will get people active, and big companies like EDF Energy and Exeter City Council will be targeted to provide workplace activity.
The Deputy Leader of Somerset County Council, David Hall has welcomed today’s announcement from the Chancellor of the Exchequer, George Osborne, saying it is very positive news for the county and the country.
The Chancellor insisted new nuclear power stations are essential to make sure the lights stay on as he gave the green light to the initial government guarantee for the first such plant in Britain for 20 years.
The new government guarantee, provided by Infrastructure UK is set to be worth around £2 billion and will pave the way for a final investment decision by energy company EDF Energy.
We warmly welcome today’s announcement from the Chancellor. This is yet another major milestone for the Hinkley Point C project, which will bring significant benefits to Somerset’s economy, communities and infrastructure.
Today’s news marks another important step forward and we remain confident Hinkley Point C will go ahead and now await the final investment decision.
The construction and operation of the plant will bring millions of pounds-worth of investment in our infrastructure and our communities will be set to benefit hugely from the creation of thousands of jobs in Somerset.
We will continue to work closely with our district council colleagues, EDF Energy, local communities, and Central Government to play our part in paving the way for this historic development.
The planned nuclear power station at Hinkley Point in Somerset has been hit by further delays.
EDF now says the £24 billion facility won't be ready by 2023, a date that's already been put back several times.