nuclear-news

ANOTHER investigation into the controversial Hinkley C deal has begun.

Just two weeks ago, the European Commission approved plans for the £16bn nuclear power plant.

They had been investigating whether the subsidy deal between energy company EDF and the Government constituted as illegal State aid.

While the project was approved, the National Audit Office has now begun investigating the deal to make sure the subsidy price of £92 a megawatt hour represented value for money.

The NAO is a financial watchdog which scrutinises public spending on behalf of Parliament……….

The Stop Hinkley Campaign welcomed the news about the investigation. Spokesperson Allan Jeffrey said: “This is an extraordinarily bad deal, locking consumers into high prices until almost 2060.

“Worse still, it will use up most of the money available to subsidise non-fossil fuel energy, leaving almost nothing available for renewables at a time when their costs are plummeting.

“The European Commission’s ill-thought through decision has turned UK Energy Policy into even more of a dog’s breakfast than it was to begin with…….

Energy supplier Ecotricity has said it is considering taking legal action against the deal along with the Austrian Government and Germany………http://www.somersetcountygazette.co.uk/news/11554761.Hinkley_C_deal_goes_under_scrutiny_again/