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Hinkley C on the verge of getting EC approval

Hinkley C on the verge of getting EC approval Credit: PA

Britain's first new nuclear plant in a generation is on the verge of getting the go-ahead. The European Commission is said to be about to approve plans for the £16 billion project at Hinkley Point in Somerset. Under the deal, Hinkley C will be built by a French company, EDF energy, which will receive a guaranteed price for its energy for 35 years - at twice the current level.