The French energy giant EDF has announced it will make a final decision on the Hinkley Point C power plant in Somerset next Thursday.Read the full story ›
French energy company EDF has repeated its support for the new nuclear power station at Hinkley, even though a final investment decision for the £18 billion plant is still to be made.
French unions had expressed their concerns over the impact of the project.
EDF relies on sensitivity studies already communicated to staff representatives and considers this vote does not change the fundamentals of the project, nor the desire of players to engage in it.
The director of Greenpeace comments that, in the wake of Brexit, it would be foolish to pursue the deal. He says the Government should be thinking in terms of renewable energy as a Plan B.
In the UK, Brexit is throwing up endless questions that no one knows the answers to over the future of the European energy market. It would be idiocy of the highest magnitude for the UK government in its current incarnation to sign this disastrous deal.
Amber Rudd - the Secretary of State for Energy - said the project was still on after talks with French energy giant EDF.Read the full story ›
Reports in the Times newspaper suggest the Hinkley Point project may be in doubt according to a senior government advisor.Read the full story ›
The boss of EDF has said that Brexit has “no impact” on the business and strategy of the company in the UK, including its plans to build a new nuclear plant at Hinkley Point.
"As of today, we believe that this vote has no impact on our strategy, and the strategy (...) for our UK subsidiary has not changed. Our business strategy is not linked to Great Britain’s political affiliation with the European Union, so we have no reason to change it."
Mr Levy emphasised in particular that there should be no fears of reconsidering plans to construct two EPR nuclear reactors at Hinkley Point , a gigantic £18 billion project (around 22 billion euros at current exchange rates), which is being challenged by the Group’s French trade unions and for which a final investment decision is pending.
“I would just point out that in the last few days, spokespeople on energy issues for the Brexit camp – notably Energy Minister Andrea Leadsom – have on numerous occasions and again in recent days come out in favour of maintaining the decarbonisation policy, of maintaining the nuclear option, and of maintaining the Hinkley Point project. Therefore there are no consequences from this vote today."
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 ›
French energy company EDF announced yesterday a decision on the power station would be delayed until September.Read the full story ›
French giant EDF has once again delayed a decision on investment in the Hinkley Point C power station in SomersetRead the full story ›
Leading barristers say the French government's refinancing plans for EDF are likely to be illegal - dealing another blow to Hinkley Point.Read the full story ›