France to push UK government for additional support for faltering nuclear projects
The fallout from EDF’s confirmation its flagship Hinkley Point nuclear
project is facing further delays and budget overruns continued yesterday,
with reports French Ministers are preparing to call on their UK
counterparts to help shoulder some of the ballooning costs faced by the
state-owned energy giant.
The FT reported the French government is
preparing to call directly on the Westminster government to revisit some of
the funding arrangements for EDF’s UK nuclear plans, which include the
delayed Hinkley Point project and the proposed Sizewell C project that it
co-owns with the UK government. The paper quoted an unnamed French economy
ministry official as saying, “the British government cannot at the same
time say EDF has to figure it out alone on Hinkley Point and at the same
time ask EDF to put money into Sizewell”.
Business Green 25th Jan 2024
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