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EDF Energy plc

40 Grosvenor Place,

Telephone : +44-20-7242-9050
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Article archive for EDF Energy plc;

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UK Government confirms Hinkley Point C nuclear project 15 September 2016

The UK Government issued the following press release on September 15: “Government confirms Hinkley Point C project following new agreement in principle with EDF - Ministers impose significant new safeguards for future foreign investment in critical infrastructure.”...

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UK Government announces surprise review of Hinkley Point C nuclear project 29 July 2016

The plan to build a new £18bn nuclear power station at Hinkley Point in Somerset suffered an eleventh-hour delay late on July 28 when the UK government said it would hold a new review hours after EDF, the project’s French developer, gave it the go-ahead. Greg Clark, the business and energy secretary, said that the Government would carefully consider the project before making a final decision in early autumn....

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Estimated cost of Hinkley Point C nuclear plant rises to £37bn [Corrected 13/7/16] 12 July 2016

The total lifetime cost of the planned Hinkley Point C nuclear power plant could be as high as £37bn, according to an assessment published by the UK government. The figure, reported in the Guardian, was contained in an IPA (Infrastructure and Projects Authority) report and compares with a Department of Energy and Climate Change (DECC) estimate 12 months ago of £14bn....

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EDF says Brexit no barrier to development of Hinkley Point C nuclear project 05 July 2016

French energy utility EDF on July 4 said Britain's referendum vote to quit the European Union was no barrier to its plan to develop a new nuclear power station at Hinkley Point in Somerset. The company made the statement to mark the end of a process of consultation with its works council of employee representatives, a process required under French law before a company can undertake a major project....

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France’s energy minister expresses doubts over UK nuclear power project 16 May 2016

In an interview with the Financial Times, French energy minister Ségolène Royal said she was worried at the impact the £18bn Hinkley Point C nuclear project would have on the balance sheet of state-owned utility EDF, which will make a final decision whether or not to go ahead with the project in September....

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EDF delays final decision over Hinkley Point nuclear power plant until September 26 April 2016

France's economy minister Emmanuel Macron told French newspaper Journal du Dimanche that the final decision whether or not EDF could build the planned £18bn nuclear station at Hinkley Point would not now be taken until September. This is the latest of many postponements in the controversial project, and casts fresh doubt over the likelihood of the plant starting up in 2025 as planned....

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EDF finance chief resigns over opposition to UK nuclear project 07 March 2016

French state-owned energy group EDF has confirmed that its finance director has quit ahead of an expected final investment decision on the £18bn Hinkley Point C nuclear power plant in the UK. Thomas Piquemal stepped down because he feared the project could jeopardise EDF's financial position, according to reports....

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EDF Energy extends lives of four UK nuclear plants 17 February 2016

EDF Energy, the UK subsidiary of the state-owned French energy group, announced on February 16 that after extensive technical and safety reviews and consultation with the Office for Nuclear Regulation, it will further extend the life of four of its eight nuclear power plants....

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EDF once again postpones decision on construction of new UK nuclear plant 27 January 2016

According to a French business newspaper, EDF has once again put off a final decision on proceeding with the construction of the Hinkley Point C nuclear power station in the UK because of the financial implications of the massive project. In an exclusive, the newspaper claims that the French state-owned utility is having difficulties raising its share of the £18 billion project. ...

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French and Chinese energy groups sign landmark deal to build first new UK nuclear power plant for 20 years 22 October 2015

Work on the proposed Hinkley Point C nuclear power plant in Somerset could begin within weeks following the signature of a wide-ranging agreement between French and Chinese state-owned energy groups EDF and China General Nuclear Power (CGN). The Chinese group has taken a 33.5% stake in Hinkley, with EDF holding the remainder of the project. ...

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