nuclear-news

France’s EDF begging for government support before committing to UK Hinkley nuclear project

France can’t build its own new nuclear power stations, let alone ours  He’s the only one of a Dad’s Army of pundits no longer on hand to commentate on the looming financial crisis, Spectator, 4 Feb 16 Martin Vander Weyer “…….signals from EDF of France — which has a two-thirds interest in this £18 billion project, alongside Chinese investors — are very worrying.

Having already spent £2 billion, the French state utility has deferred until at least the middle of this month a final commitment that was expected last week. Under pressure from unions and minority shareholders, and battered by falling wholesale electricity prices as well as endless delays and problems on its own nuclear new-build at Flamanville near Cherbourg, EDF is evidently begging for more support from its own government before committing such massive resources to solve a problem for ours.

…….the travails of Hinkley are reported to have ‘spooked’ Hitachi of Japan, which is in negotiations for another nuclear station at Wylfa Newydd in Anglesey……http://www.spectator.co.uk/2016/02/france-cant-build-its-own-new-nuclear-power-stations-let-alone-ours/

February 5, 2016 - Posted by Christina Macpherson | general