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UK Members of Parliament to question EDF executives about Hinkley nuclear project financing

scrutiny-on-costsAREVA EDF crumblingEDF Energy to be grilled by MPs over Hinkley Point C nuclear power plant , City AM. 17 Mar 16 EDF Energy will be grilled by a group of MPs next week over the controversial Hinkley Point C nuclear power plant in Somerset.

EDF’s chief executive Vincent de Rivaz, and managing director of new nuclear build Humphrey Cadoux-Hudson, will appear before the energy and climate change select committee on Wednesday.

It comes as French economy minister Emmanuel Macron pledged fresh financing for the £18bn project during a visit to a nuclear power plant there today.

EDF has been forced to defend Hinkley after its chief financial officer Thomas Piquemal resigned over the huge costs. It subsequently sent a letter to employees reiterating confidence that the project will go ahead.

“The hearing will give EDF Energy an opportunity to answer the committee’s questions on the investment plans for a new nuclear power station at Hinkley Point C in Somerset,” it said in a statement today……..http://www.cityam.com/237033/edf-energy-to-be-grilled-by-mps-over-hinkley-point-c-nuclear-power-plant

March 18, 2016 - Posted by | business and costs, France, UK

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