EU gives regulatory approval to CGN, EDF for Hinkley Point
9 years ago

EU gives regulatory approval to CGN, EDF for Hinkley Point

China Daily  

Chinese nuclear firm CGN and French power company EDF won regulatory approval from the European Union's competition authority on Thursday to form a joint venture to build and operate nuclear power plants at Hinkley Point in Britain. The joint venture plans to construct and operate the first new-build nuclear power stations in the UK for a generation at Hinkley C in Somerset. Hinkley Point C nuclear power plant alone is projected to supply around 7 percent of the UK’s electricity needs. Under the Strategic Investment Agreement, EDF’s share in Hinkley Point C will be 66.5% and CGN’s will be 33.5%.

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History of this topic

British Gas owner considers £1bn investment in Hinkley Point C
5 months, 3 weeks ago

British Gas owner considers £1bn investment in Hinkley Point C

The Telegraph  

It comes as EDF, which currently owns 68pc of Hinkley, faces a reported £5bn shortfall in funding needed to complete the scheme. However, one City source said there was crossover between the Sizewell bidders and those having talks with EDF about a possible investment in Hinkley, with Centrica having expressed interest in the latter as well. In July, Chris O’Shea, …

French-built nuclear reactor delays to put Britain at risk of blackouts
1 year, 1 month ago

French-built nuclear reactor delays to put Britain at risk of blackouts

The Telegraph  

Delays to French-built nuclear power stations will leave the UK at risk of blackouts by 2028, new research has warned. A “perfect storm” of increased demand because of net zero, the closure of existing nuclear power stations and delays to the delivery of Hinkley Point C, which is being built by French state-owned power company EDF, will leave the country …

Centrica considers investment in Sizewell C nuclear power plant, boss says
1 year, 1 month ago

Centrica considers investment in Sizewell C nuclear power plant, boss says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy company Centrica is considering …

Hinkley Point C cost jumps as project delayed again
1 year, 2 months ago

Hinkley Point C cost jumps as project delayed again

The Telegraph  

Hinkley Point C will cost as much as £35bn to complete and will come online up to four years later than planned, its French developer has said. EDF on Tuesday said the cost of building Britain’s first new nuclear power station in a generation had risen by as much as £10bn after delays to construction and inflation to costs. The …

Hinkley Point C building work reaches reactor lift milestone
1 year, 3 months ago

Hinkley Point C building work reaches reactor lift milestone

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Building work on the multi-billion-pound …

Government seeks investors for Sizewell C nuclear plant
1 year, 6 months ago

Government seeks investors for Sizewell C nuclear plant

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Government has asked big …

Hinkley Point C to cost an extra £8bn as launch delayed by another year
2 years, 10 months ago

Hinkley Point C to cost an extra £8bn as launch delayed by another year

The Telegraph  

The French energy company behind Hinkley Point C has warned the nuclear plant will suffer another one-year delay and come in up to £8bn over budget. It comes as MPs warned that the Government should “urgently” consider whether to keep open Britain's ageing nuclear power plants in an attempt to tackle the energy crisis. The UK’s eight remaining nuclear power …

Hinkley Point developer hit by new setback with French nuclear reactor
3 years, 2 months ago

Hinkley Point developer hit by new setback with French nuclear reactor

The Telegraph  

EDF has announced a further delay to its flagship nuclear reactor project in France as it prepares to install the same design at power plants in Britain. A spokesman downplayed the likelihood of similar problems at EDF's British sites, Hinkley Point C and Sizewell C, which will both use the same new EPR reactor design. EDF, which is majority owned …

China now owns £143bn in UK assets, from nuclear power to pubs and schools
3 years, 10 months ago

China now owns £143bn in UK assets, from nuclear power to pubs and schools

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. It reveals that Chinese investors own nearly £57bn of shares in the UK's 100 …

Tories demand review of Chinese involvement at Hinkley nuclear site
4 years, 8 months ago

Tories demand review of Chinese involvement at Hinkley nuclear site

The Telegraph  

Senior Conservatives are this weekend demanding a review of the Hinkley Point C nuclear plant after a Sunday Telegraph investigation found a Chinese state energy company is more closely involved in the project than previously disclosed. Corporate and project sources said CGN’s role goes beyond financial support, with EDF leaning heavily on Chinese technical expertise. The collaboration has become so …

New nuclear power plant planned for Suffolk coast ‘would be devastating’ for wildlife
4 years, 10 months ago

New nuclear power plant planned for Suffolk coast ‘would be devastating’ for wildlife

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An energy firm has submitted controversial plans for a nuclear power station that opponents warn …

National Audit Office slams Government’s ‘high cost and risky deal’ for Hinkley Point nuclear power station
7 years, 9 months ago

National Audit Office slams Government’s ‘high cost and risky deal’ for Hinkley Point nuclear power station

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Government’s decision to commission a new nuclear power station at Hinkley Point – which …

UK asked to pause Hinkley nuclear reactor development by UN over environmental concerns
8 years ago

UK asked to pause Hinkley nuclear reactor development by UN over environmental concerns

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A United Nations committee has …

China, UK to steadily construct nuclear power plant
8 years, 6 months ago

China, UK to steadily construct nuclear power plant

China Daily  

Hinkley Point C nuclear power station site is seen near Bridgwater in Britain, September 14, 2016. China and Britain vowed to steadily carry out the $23 billion Hinkley Point nuclear power plant project when Foreign Minister Wang Yi met with his British counterpart Boris Johnson in New York on Monday. Wang said China appreciates Britain's decision concerning the project and …

Hinkley Point: Critics slam ‘out of date, flawed and expensive technology’ after approval of nuclear power project
8 years, 6 months ago

Hinkley Point: Critics slam ‘out of date, flawed and expensive technology’ after approval of nuclear power project

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Theresa May is gambling the country’s future energy supply on the …

UK gives nuclear power green light, smoothing ties with China
8 years, 6 months ago

UK gives nuclear power green light, smoothing ties with China

China Daily  

Hinkley Point C nuclear power station site is seen near Bridgwater in Britain, Sept 14, 2016. British Prime Minister Theresa May gave the green light to the controversial 18-billion pounds nuclear power station at Hinkley Point in England's west country, which will be built by France's EDF and part-financed by China. Greg Clark, UK Secretary of State for Business, Energy …

Hinkley Point nuclear power station: Whitehall officials 'exploring ways UK could pull out of deal'
8 years, 7 months ago

Hinkley Point nuclear power station: Whitehall officials 'exploring ways UK could pull out of deal'

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Whitehall officials reviewing the massive Hinkley Point nuclear project are exploring …

Govt urges UK decision on nuclear plant
8 years, 7 months ago

Govt urges UK decision on nuclear plant

China Daily  

A nuclear plant project invested by China General Nuclear Power Corporationin in UK is seen in this file photo. China urged Britain to reach a decision on a controversial multibillion dollar power station project as soon as possible, as a key minister behind London's closer ties with China was reported to be considering resigning. China's Foreign Ministry on Monday urged …

EDF board member resigns ahead of Hinkley Point nuclear power station vote
8 years, 8 months ago

EDF board member resigns ahead of Hinkley Point nuclear power station vote

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A board member of the …

Hinkley Point nuclear power station plans 'set to get go-ahead'
8 years, 8 months ago

Hinkley Point nuclear power station plans 'set to get go-ahead'

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy giant EDF is poised to approve the £18bn project to …

EDF approved for €3bn of French state funding ahead of Hinkley Point decision
8 years, 8 months ago

EDF approved for €3bn of French state funding ahead of Hinkley Point decision

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy France will pump €3 billion …

EDF chief says Hinkley Point decision could come before summer at the earliest
8 years, 10 months ago

EDF chief says Hinkley Point decision could come before summer at the earliest

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The chief executive of French …

£18bn Hinkley Point nuclear power station plan could be 'coming to a grinding halt'
8 years, 11 months ago

£18bn Hinkley Point nuclear power station plan could be 'coming to a grinding halt'

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The French electricity giant EDF has thrown the British government’s …

Partners discuss financing of UK nuclear project
9 years ago

Partners discuss financing of UK nuclear project

China Daily  

Steam rises from the cooling towers of the Electricite de France nuclear power station at Le Bugey in Saint-Vulbas near Lyon. EU competition approval also given for Hinkley Point Top officials at China General Nuclear Power Group are in discussion with their counterparts at French power company Electricite de France, on the necessary terms to finance their joint nuclear power …

EDF boss 'quits' energy giant over plans to build Hinkley Point UK nuclear power plant
9 years ago

EDF boss 'quits' energy giant over plans to build Hinkley Point UK nuclear power plant

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A senior executive of the …

EDF fails to come up with details for Hinkley Point nuclear plant
9 years, 1 month ago

EDF fails to come up with details for Hinkley Point nuclear plant

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy EDF, Europe’s biggest energy company, …

EDF under pressure to abandon Hinkley Point C nuclear power plant project
9 years, 1 month ago

EDF under pressure to abandon Hinkley Point C nuclear power plant project

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The giant French energy company EDF is under pressure to …

China expands intl cooperation in nuclear energy: white paper
9 years, 2 months ago

China expands intl cooperation in nuclear energy: white paper

China Daily  

BEIJING - China is dedicated to promoting an international nuclear safety emergency system and sharing achievements in peaceful use of nuclear energy with other countries, said a white paper issued on Wednesday. China has reached bilateral agreements on nuclear energy cooperation with 30 countries since it joined the International Atomic Energy Agency in 1984, including Brazil, Argentina, Britain, the United …

Hinkley Point: EDF set for decision on nuclear plant amid claims of board 'panic'
9 years, 2 months ago

Hinkley Point: EDF set for decision on nuclear plant amid claims of board 'panic'

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The final decision on whether to build Britiain’s first nuclear …

Boris Johnson attacks 'disgraceful' spending on Hinkley - just a month after David Cameron hailed the 'flagship' deal
9 years, 4 months ago

Boris Johnson attacks 'disgraceful' spending on Hinkley - just a month after David Cameron hailed the 'flagship' deal

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Boris Johnson has attacked the £18bn cost of Britain’s first nuclear power station in two …

Chinese, French firms sign agreement on British nuclear power project
9 years, 5 months ago

Chinese, French firms sign agreement on British nuclear power project

China Daily  

LONDON - Chinese and French companies signed an agreement Wednesday to build a British nuclear power plant at Hinkley Point in southwestern England. In the presence of Chinese President Xi Jinping and British Prime Minister David Cameron, China General Nuclear Power Corp and Electricite de France signed a strategic investment agreement. According to the agreement, the CGN-led Chinese consortium takes …

Hinkley Point nuclear power plant Q&A: How big a stake will China have? What other projects will attract investment?
9 years, 5 months ago

Hinkley Point nuclear power plant Q&A: How big a stake will China have? What other projects will attract investment?

The Independent  

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Hinkley Point C: Plans to spend billions building UK nuclear power station to be investigated by watchdog
9 years, 6 months ago

Hinkley Point C: Plans to spend billions building UK nuclear power station to be investigated by watchdog

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Plans to spend £24.5 billion building Britain’s first new nuclear power station in two decades …

Only China wants to invest in Britain's new £2bn Hinkley Point nuclear plant because no one else thinks it will work, EDF admits
9 years, 6 months ago

Only China wants to invest in Britain's new £2bn Hinkley Point nuclear plant because no one else thinks it will work, EDF admits

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Delays and cost overruns at …

China to build nuclear reactor in UK[1]- Chinadaily.com.cn
9 years, 6 months ago

China to build nuclear reactor in UK[1]- Chinadaily.com.cn

China Daily  

The construction site of a nuclear power project of China National Nuclear Corp in Fuqing county, Fujian province. The company and China General Nuclear Power Group will support Hinkley Point C project in the United Kingdom. British Prime Minister David Cameron is set to sign a landmark deal next month to allow China to build a nuclear reactor in Essex …

EDF says China ties remain sound[1]- Chinadaily.com.cn
9 years, 6 months ago

EDF says China ties remain sound[1]- Chinadaily.com.cn

China Daily  

French, Chinese nuclear firms currently focused on building UK's Hinkley Point France's EDF Energy has insisted it is still working well with its two Chinese partners on the Hinkley Point nuclear project in the United Kingdom, after separate reports in the British media suggested the two sides had hit problems on trashing out the terms of their shared investment. The …

A powerful connection for Britain
9 years, 11 months ago

A powerful connection for Britain

China Daily  

A research center led by a pair of British universities is looking to connect China's nuclear technology with United Kingdom firms to create what they say will be safe, efficient and cost-effective power plants. He said his team is preparing the supply chain that will bring China's third-generation nuclear technology into the UK. The Chinese nuclear technology to be introduced …

Two nuclear firms seek to invest in new UK reactors[1]- Chinadaily.com.cn
10 years, 11 months ago

Two nuclear firms seek to invest in new UK reactors[1]- Chinadaily.com.cn

China Daily  

Security guards patrol the grounds of the Hinkley Point B nuclear power station near Bridgwater, England. MATT CARDY/GETTY IMAGES CGNPC, CNNC to help fund new plant in Britain China's nuclear companies are looking into the possibility of owning a controlling stake in a UK nuclear project, a source at a Chinese State-owned nuclear company said during a recent three-day exhibition …

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