11.03.2016_No50 / News in Brief

EDF Welcomes EC Approval Of Partnership With China’s CGN

Plans & Construction

11 Mar (NucNet): EDF said a decision by the European Commission to approve the proposed partnership between EDF and China General Nuclear (CGN) supporting new nuclear projects in the UK is “a positive step” for the Hinkley Point C project and shows that the robust agreements underpinning the project continue to pass independent scrutiny. EDF also confirmed that it is looking to take a final investment decision on Hinkley Point C “in the near future”. In a statement yesterday the French company said the French and UK governments have also recently expressed their support for the project. CGN and EDF have signed a framework agreement for the proposed construction of Hinkley Point C, with EDF Energy holding 66.50 percent and CGN 33.50 percent, and Sizewell C, with EDF owning 80 percent and CGN holding 20 percent. CGN is also aiming to build a nuclear plant at Bradwell B in Essex using its Hualong One reactor technology and EDF Energy has said it will help CGN with the UK regulatory approval process for the reactor design.

Related reports in the NucNet database (available to subscribers):

  • Investment Decision Soon, Says EDF Chief After Finance Director’s Resignation (News in Brief No.46, 07 March 2016)




David Dalton

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