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French company EDF offers Britain a “cheaper”nuclear power plant

Guardian 17th Jan 2018, EDF Energy has claimed it could build a second new nuclear power station in
Britain that would be a fifth cheaper than the £20bn Hinkley Point C
project under construction in Somerset. The French state-owned company said
a new plant at Sizewell on the Suffolk coast would be cheaper because of
replication in construction techniques, existing grid connections and the
exploration of new finance models. In his first major public speech, Simone
Rossi, EDF’s new chief executive, said a Sizewell C project would offer
“a unique opportunity to be significantly cheaper than Hinkley Point C
and competitive with equivalent alternatives”. The Italian executive said
he was confident he could deliver Hinkley on time, with the first power to
be generated by 2025


January 19, 2018 - Posted by | politics, UK

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