Hinkley Point

French utility Électricité de France (EDF)on July 25 said it has pushed fuel loading at its 1.6-GW Flamanville 3 nuclear project to the fourth quarter of 2019 and increased cost estimates for the project by another €400 million (USD $467.1 million). EDF said its current cost for the project has ballooned to €10.9 billion (USD […]

The $23.8 billion Hinkley Point C nuclear project has received the UK government’s green light, but the country wants to ensure that project’s ownership cannot change without government agreement. After a “comprehensive review” of the project and a revised agreement with French power generator EDF, the UK Department for Business, Energy, and Industrial (DBEI) Strategy […]

The second World Nuclear Exhibition was held at a moment in time when the prospects for nuclear power are both tantalizing and frustrating. One thing is clear: The dynamics of the nuclear power industry have changed recently—and so have the solutions proposed for achieving greater certainty. One of the strongest arguments nuclear power has going […]

China’s ambassador to the UK, in an opinion piece in British newspaper Financial Times, warned that Sino-British relations are “at a crucial historical juncture” and suggested that enormous recent Chinese investments in Britain are at risk should the planned Hinkley Point C nuclear reactor project be cancelled. The long-delayed and much-debated two-unit expansion at the […]

France’s nuclear sector was rocked to its core on May 4 when the country’s Nuclear Safety Authority (ASN) announced that state-owned nuclear manufacturer Areva had confessed to “irregularities in the manufacturing checks” on about 400 parts produced since 1965, about 50 of which are still in service in France. ASN said in a statement that […]

The proposed expansion of the Hinkley Point nuclear plant in the U.K., a joint project between French-based EDF and Chinese firm CGN, was thrown into fresh doubts this month as EDF’s CEO said the project cannot proceed without additional financial support from the French government. The hugely expensive project—at £18 billion ($25.5 billion) it would […]

On Oct. 8, the European Commission (EC) decided that the state aid included in the Hinkley Point C nuclear plant construction proposal is compatible with European Union state aid rules. The approval allows key elements of the agreement between EDF Group and the UK government, including a guaranteed “strike price” of £92.50/MWh ($148.76/MWh) for power […]