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 two nuclear reactors under construction in France and Finland have made potential investors wary of joining a consortium led by France's EDF for a similar project in Britain, EDF's chief executive has admitted. Levy said EDF's main partner for the project in western England is China General Nuclear Corp, which is also building two EPR reactors in China. He said EDF plans to build two EPRs in Hinkley Point, two more in Sizewell, and then a reactor based on Chinese technology -- the Hualong -- on the Bradwell site in eastern England. Levy said EDF hopes to be able to order one or two units of an improved EPR reactor in France in five years.

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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, …

France's delayed nuclear plant goes live
6 months, 3 weeks ago

France's delayed nuclear plant goes live

China Daily  

A general view of the three reactors making up the Flamanville nuclear power plant with the third-generation European pressurised water nuclear reactor in Flamanville, France, in April. STEPHANIE LECOCQ/REUTERS French state-owned energy company EDF has begun producing energy at the country's first newly-built nuclear power plant in a quarter of a century. The company has also revised its estimate for …

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 …

UK ousts China from new nuclear project Sizewell
2 years, 4 months ago

UK ousts China from new nuclear project Sizewell

New Indian Express  

The CGN announcement came one day after Prime Minister Rishi Sunak warned that the "golden era" of UK-China relations was "over," adding Beijing posed a "systemic challenge" to UK interests and values. 'Energy sovereignty' Nuclear and renewables, such as offshore wind, are seen as critical to ramp up Britain's energy security, after key producer, Russia's invasion of Ukraine sent household …

French government plans to nationalize electricity giant EDF
2 years, 8 months ago

French government plans to nationalize electricity giant EDF

Associated Press  

PARIS — France’s government plans to nationalize indebted French electricity giant EDF amid a broad energy crisis aggravated by Russia’s invasion of Ukraine, Prime Minister Elisabeth Borne said Wednesday. “We must have full control over our electricity production and performance,” Borne said as she laid out her government’s priorities in her first major speech to France’s parliament. “We must ensure …

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 …

France to build 6 new nuclear reactors in coming decades, says President Macron
3 years, 1 month ago

France to build 6 new nuclear reactors in coming decades, says President Macron

India Today  

France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of his country's drive for carbon neutrality by 2050. Macron said the new plants would be built and operated by state-controlled energy provider EDF and that tens of billions of euros in public financing …

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 …

French grid: New nuclear reactors crucial for net-zero path
3 years, 5 months ago

French grid: New nuclear reactors crucial for net-zero path

Al Jazeera  

The findings come as Europe is engulfed in an energy crisis that exposes the region’s dependence on fossil fuel imports. France must build 14 new nuclear reactors, alongside a surge in renewables investment by 2050, if it is to meet its carbon-neutral goals at the cheapest cost, and without endangering supply, the country’s grid operator said in a report. “The …

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 …

India closer to building world's biggest nuclear plant: French firm EDF
3 years, 11 months ago

India closer to building world's biggest nuclear plant: French firm EDF

India Today  

French energy group EDF took Friday a key step towards helping to build the world's biggest nuclear power plant in India, a project blocked for years by nuclear events and local opposition. EDF, which is in exclusive talks with Indian officials, would not build the power plant itself, but would provide the nuclear reactors in a deal that includes US …

China-France JV's nuclear power unit ready for commercial use
6 years, 3 months ago

China-France JV's nuclear power unit ready for commercial use

China Daily  

SHENZHEN -- A third-generation nuclear power unit of a China-France joint venture in South China's Guangdong province has completed all the testing operations and is ready for commercial use, according to a statement from China Guangdong Nuclear Power Company late Thursday. The largest Sino-French project in the energy field, the Taishan nuclear power plant uses the European Pressurized Reactor for …

Opaque defence deals may impact Paris ties
7 years ago

Opaque defence deals may impact Paris ties

Deccan Chronicle  

Long before the two decade-old “strategic partnership” between India and France that visiting President Emmanuel Macron, on his first trip to this country that ended Monday has promised to “widen” and “deepen”, the relationship between the two nations had salience. The Indo-French joint statement addresses significant issues like nuclear energy, defence cooperation, space and strategic convergence in the Indian Ocean …

EDF eyes faster India nuclear deal as other projects stall
7 years, 7 months ago

EDF eyes faster India nuclear deal as other projects stall

Live Mint  

NEW DELHI: French energy giant EDF is making progress in talks to sell India six nuclear reactors, said its chief executive on Thursday, with the stalled projects of rivals making him more confident a contract could be agreed sooner than first expected. CEO Jean-Bernard Lévy declined to commit to a timeline for when a contract could be signed on a …

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 …

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 …

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 Group launches 1st wind energy project in China
8 years, 8 months ago

EDF Group launches 1st wind energy project in China

China Daily  

PARIS - French energy company EDF announced its first wind power development project in China on Tuesday, after the acquisition of the Chinese firm UPC Asia Wind Management by its renewable energy subsidiary EDF Energies Nouvelles. Through this acquisition, EDF Energies Nouvelles now holds 80 percent of the shares of the Hong Kong-based company UPC AWM, which develops and builds …

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 …

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 …

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 …

EDF signs preliminary deal to build 6 nuclear reactors in Jaitapur
9 years, 2 months ago

EDF signs preliminary deal to build 6 nuclear reactors in Jaitapur

Live Mint  

Paris: French utility EDF said on Tuesday it had signed a preliminary agreement with Nuclear Power Corp. of India Ltd to build six nuclear reactors at Jaitapur, in the west of India. EDF is taking over the long-delayed project, which could become the world’s biggest nuclear contract, from fellow French state-controlled group Areva, which will sell its reactor arm to …

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 …

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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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 …

India to postpone decision on buying EPR reactors from France
13 years, 6 months ago

India to postpone decision on buying EPR reactors from France

The Hindu  

India will postpone its final decision on the purchase of EPR type nuclear reactors from France until after the current post-Fukushima nuclear safety tests have been satisfactorily completed, it is reliably learnt. Now they want the post-Fukushima certification.” However, he added that the Indians had conveyed this message “in a very positive manner.” Several nuclear contracts around the world have …

EDF looks to cut debts with €4bn sale of UK electricity
15 years, 5 months ago

EDF looks to cut debts with €4bn sale of UK electricity

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. The group said yesterday it was evaluating "ownership options …

Defects found in nuclear reactor the French want to build in Britain
16 years, 11 months ago

Defects found in nuclear reactor the French want to build in Britain

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. Gordon Brown and Nicolas Sarkozy agreed to co-operate closely on nuclear power during the …

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