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French company EDF’s Plan A – Britain to legislate finance for Sizewell nuclear plant: there is no Plan B.

REUTERS EVENTS EDF calls for funding legislation for new UK nuclear power plant, Kate Holton  LONDON, June 23 (Reuters) – France’s EDF (EDF.PA) called on the British government to deliver the legislation that would underpin the financing of a new nuclear plant, Sizewell C, saying it was now essential………

Asked if his company had a Plan B in the event the government did not advance with the legislation,  Simone Rossi, the UK head of EDF,    said: “We do not really. I have to say that would be for the UK government to consider.”………

China General Nuclear Power Corporation (CGN) which holds a 20% share in the pre-construction phase of the Sizewell C project, is on a U.S. government list of companies Washington deems are acting contrary to U.S. interests………….https://www.reuters.com/business/energy/reuters-events-edf-calls-uk-produce-sizewell-funding-legislation-2021-06-23/

June 24, 2021 - Posted by | business and costs, politics, UK

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